I don’t like to close out judgments as “uncollectible”. Sure, sometimes the company is out of business, the owner/operator dies with no assets, and there is no successor company. That one can be closed. But if I have a judgment against an individual, I’ll stay patient. A judgment in New York is valid for twenty years. Just because a judgment debtor appears to be judgment-proof at this time, they may not be forever. Think about where you were twenty years ago… Are you in the same financial position then as you are now?