Originally Posted by WarAdmiral
She will serve what is known as a restraining notice on his banks and they will freeze his accounts for an amount twice the amount of the judgment. This would cause his lenders to call in his loans.

Unless he posts a bond before Monday, there is no doubt that the judgment debtors will file bankruptcy. Other than posing a bond, it's the only way to stop enforcement.


This could be a solid strategy.
However, years ago, I had a very wealthy man tell, "if you owe the bank 20 thousand and you can't pay them, they have you by the balls. If you owe them 20 million and you can't pay them, you have them by the balls". So it depend on who "owes" who.