FFGN COLLECT NY

NOVEMBER 4, 2021

You have knowledge of the debtor’s financial institution and so your attorney issues an information subpoena with a restraining notice to the financial institution to see if any funds are being held. The bank will then forward a response to your attorney detailing what has been restrained and what is being held.

Judgment Enforcement 98

Judgment Enforcement Judgment Collections Financial Institution 98

FFGN COLLECT NY

MARCH 25, 2024

Enforcing Judgments against bank accounts An easy way to enforce a judgment in New York is to restrain bank accounts. Here’s how it works: A judgment creditor would issue a restraining notice to the bank. The Marshal and/or Sheriff could serve the bank.

Lawyers 98

Lawyers Judgment Collections Judgment Enforcement 98

FFGN COLLECT NY

SEPTEMBER 23, 2022

Once a judgment is entered in Texas, the Texas county sheriff can execute on assets within the county where the sheriff is located. Attempts to restrain bank accounts or seize other assets within the state, require a separate action: a new distinct lawsuit against the bank or other institutions where you believe the debtor has assets.

Judgment 52

Judgment Lender Judgment Enforcement Banks 52

FFGN COLLECT NY

JUNE 3, 2020

Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors? Although New York has liberal laws on judgment enforcement, CPLR Sect 5222-a provides a laundry list of funds exempt from creditors’ reach.

Garnishment 52

Garnishment Creditors Judgment Judgment Enforcement 52

FFGN COLLECT NY

MARCH 25, 2024

An easy way to enforce a judgment in New York is to restrain bank accounts. A judgment creditor would issue a restraining notice to the bank. Once a restraining notice is prepared, someone could go to the bank or other financial institution and serve the restraining notice in person.

Lawyers 98

Lawyers Judgment Judgment Enforcement Collections 98