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  #11  
Old 11-03-2001, 09:43 AM
lawrence stone's Avatar
lawrence stone lawrence stone is offline
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Join Date: Jan 2000
Location: anthracite valley, commonwealth of pennsylvania Winter residence: Charlotte County FLA
Posts: 2,079
Let me clarify my term "judgement proof".

A judgment can be entered against any individual or corp.

What I meant is that the one that holds a judgement would be

hard pressed to execute that judgement.

For as the old saying goes:

You can't get blood from a stone®.

Do you notice that I double-space most of the time?

I am my own esquire and can and have filed actions by myself.
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  #12  
Old 11-03-2001, 09:28 PM
John Allin John Allin is offline
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Join Date: Sep 2000
Location: Erie, PA
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Tony,
We have been through the exact scenario you described. The insurance company does not cut and run. Especially if you are insured properly. And we came through it (financially, not emotionally) just fine. Still with the same insurance company, still in business 11 years later.
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  #13  
Old 11-03-2001, 09:32 PM
John Allin John Allin is offline
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Location: Erie, PA
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Nope... that's not quite right....

We elected to leave that insurance carrier 4 years after the incident (someone else quoted us substantially lower premiums) and then went back to the same insurance company who covered us through the incident and the aftermath, 3 years after that.
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