A ''judgment creditor'' is a party to which a
debt is owed that has proved the debt in a legal proceeding and that is entitled to use judicial process to collect the debt.
A
creditor
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property ...
becomes a "judgment creditor" when a judgment is rendered stating that they are entitled to recover a particular debt from a
judgment debtor. Following a judgment, a judgment debtor may satisfy the debt voluntarily or the judgment creditor may need to take additional steps to enforce the judgment.
References
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Judgment (law)