Financial services Garnishment Judgment 
Account Recovery
FEBRUARY 20, 2025
New York Attorney General Letitia James last week released a comprehensive guide to help residents protect their bank accounts from garnishments and seizures. This protection ensures that individuals retain access to essential funds, even in the event of a court judgment that allows debt collectors to levy their accounts.
Jimerson Firm
JANUARY 28, 2021
When a lender obtains a final judgment of foreclosure from the court, the mortgaged property is sold at public auction and, if bought by someone other than the foreclosing lender, the proceeds are applied to the debt owed by the delinquent borrower. Procedure For Getting a Deficiency Judgment. Amount of Deficiency Judgment.
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Jimerson Firm
NOVEMBER 8, 2023
Judgment creditors are often faced with the question of how to collect an out-of-state judgment (also commonly referred to as a foreign judgment) in Florida. Once the foreign judgment is domesticated, the judgment creditor may pursue post-judgment collections efforts in Florida. 55.501, Fla. 55.505, Fla.
Consumer Financial Services Law
OCTOBER 12, 2016
The Eleventh Circuit recently joined the First and Eighth Circuits in concluding that the FDCPA’s venue provision does not apply to post-judgment garnishment proceedings. Post judgment, the law firm filed a garnishment proceeding against the consumer’s bank seeking to collect on the judgment. 1692i(a)(2).
Troutman Sanders
MARCH 11, 2024
The bill amends current state law that establishes what portions of a consumer’s financial assets can be garnished to satisfy a judgment.
Troutman Sanders
MAY 23, 2023
On May 18, the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion hosted a hearing, titled “‘Stable’ in ‘Stablecoins’: How Legislation Will Help Stablecoins Achieve Their Promise.” For more information, click here.
Troutman Sanders
JANUARY 31, 2022
State Activities: On January 28, the Texas Supreme Court announced that it is accepting comments on its proposed amendments to the Texas Rules of Civil Procedure notice of judgment and monetary damages, as well as service of writ of garnishment, before they take effect on May 1. According to OFR Commissioner Russell C.
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