What is the difference between a judgment in rem and a judgment in personam?

A judgment in rem is a judgment against a thing or property. It is binding upon the world and is enforceable against all who have an interest in the property, regardless of whether or not they were parties to the litigation. For example, when a court issues a judgment in rem, the debtor’s property can be seized and used to pay the debt. A judgment in personam is a judgment against a person. It is only binding against the individuals or entities who were parties to the litigation. It does not affect the interest of non-parties in the property and does not give the judgment creditor the right to seize the property. For example, when a court issues a judgment in personam, the debtor is bound to pay the debt, but the creditor cannot enforce the debt against any third parties who have an interest in the property.

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