Unsatisfied Judgment Fund


Definition of "Unsatisfied judgment fund"

Joy Jones real estate agent
Joy Jones, Real Estate Agent Bluecoast Realty Jacksonville

Money set aside in some states to pay otherwise uncompensated bodily injury claims to innocent victims of automobile accidents. The claimants must prove that they were not at fault and that they cannot collect damages from the drivers who hit them. The responsible drivers then lose their licenses until they reimburse the fund.

 

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