Might mean (unverified): Assets insufficient to cover debts.
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We found 2 dictionaries that define the word judgement proof:

General (1 matching dictionary)
  1. judgement proof: Wiktionary

Business (1 matching dictionary)
  1. Judgement proof: Legal dictionary

Definitions from Wiktionary (judgement proof)

adjective:  (law, of a defendant) Exempt from the payment of debts, either because of insufficient funds or because of protection by statute.

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