FFGN COLLECT NY

NOVEMBER 4, 2021

Assume you are a creditor and have a civil judgment entered in one of the counties of the Civil Court of the City of New York for $10,000. 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.

Judgment Enforcement 98

Judgment Enforcement Judgment Collections Financial Institution 98

FFGN COLLECT NY

MARCH 25, 2024

So that once a restraining notice is prepared, someone could go to the bank or other financial institution, etc., USA Today interviewed Jocelyn more extensively about judgment enforcement in and outside of the state. The notice can be served personally or by registered/certified mail or electronic means.

Lawyers 98

Lawyers Judgment Collections Judgment Enforcement 98

FFGN COLLECT NY

SEPTEMBER 23, 2022

But, if the Texas residents or the out-of-state residents use out-of-state financial institutions which do not maintain an office or branch within the state of Texas, you will not be able to seize an out-of-state debtor’s bank account. New York is one of the most liberal states when it comes to judgment enforcement.

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

Once a restraining notice is prepared, someone could go to the bank or other financial institution and serve the restraining notice in person. A transcript of the judgment must be filed in each of the other counties where the debtor owns real property to place liens outside of the originating county.

Lawyers 98

Lawyers Judgment Judgment Enforcement Collections 98