Re:Judge Refuses to Allow Sale of Infowars to The Onion
by wakawaka28 on Wednesday December 11, 2024 @10:22AM
(#42388649)
No, it's not. He will not be paying that. He might have paid a smaller yet still large amount, but he's certainly not going to work in McDonalds to pay off $1 billion dollars. He has the same legal rights as anyone else to not be a debt slave.
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Re:Judge Refuses to Allow Sale of Infowars to The Onion
by wat10000 on Wednesday December 11, 2024 @11:05AM
(#42389152)
I don’t think they’ll throw him in jail if he sells off all his assets, pays everything he can, but refuses to work a job so he can pay more.
Being liable for an amount more than you have means the people you owe won’t be able to get the full amount, but it doesn’t mean you get to keep all your stuff and pay them nothing.
Re:Judge Refuses to Allow Sale of Infowars to The Onion
by mportela on Wednesday December 11, 2024 @11:55AM
(#42389812)
It's called garnishment [1]
Re:Judge Refuses to Allow Sale of Infowars to The Onion
by wakawaka28 on Thursday December 12, 2024 @01:36AM
(#42396788)
Garnishment is taking a portion of income, not taking the actual source of it. No business means no income, no income means no garnishment. I love how you cite Wikipedia as if grown adults here have never heard of garnishment. Then again education really is going downhill these days I guess.
Re:Judge Refuses to Allow Sale of Infowars to The Onion
by Muromec on Wednesday December 11, 2024 @10:47AM
(#42388930)
Taking away some amount of wages is very much a thing, as everyone who ever divorced can tell you. You better not ask how math works there, because it’s not fun.
Re:Judge Refuses to Allow Sale of Infowars to The Onion
by wakawaka28 on Thursday December 12, 2024 @01:39AM
(#42396803)
As I said to someone else, taking some feasible payment from income is different from rendering someone unemployed. If you took a construction worker's tools, a taxi drivers car, or anything like that, then you put them out of business and render them incapable of paying. As far as divorce or child support, the same principle applies (or ought to). If the worker cannot sustain himself and his necessary expenses, he will become unemployed and incapable of paying.