Legal Definitions - bona fide judgment creditor

A bona fidejudgment creditor is a person who has the legal right to enforce a judgment for a specific amount of money. This means that they have won a court case and are entitled to receive payment from the person who lost the case.

For example, if John sues Jane for $10,000 and wins the case, John becomes a judgment creditor. He can then enforce the judgment and collect the $10,000 from Jane. However, if John had cheated or colluded with someone to win the case, he would not be considered a bona fide judgment creditor.

Another example would be a business that wins a lawsuit against a customer who owes them money. The business becomes a bona fide judgment creditor and can use legal means to collect the debt.

In summary, a bona fide judgment creditor is someone who has rightfully won a court case and is entitled to receive payment from the losing party.