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A Good Collection Attorney Knows How to Benefit From New York’s Liberal Judgment Enforcement Policies

FFGN COLLECT NY

There is no state as liberal as New York when it comes to commercial debt collection and the enforcement of judgments against commercial entities. New York Civil Practice and Rules Article 52 grants the judgment creditor many liberties and privileges when it comes to enforcing a judgment.

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CNN interviewed Jocelyn Nager New York Debt Collection Lawyer

FFGN COLLECT NY

They include: A multi-faceted approach: A judgment creditor is not limited to taking it one step at a time. The creditor can execute in a variety of ways at the same time. Enforcing Judgments against bank accounts An easy way to enforce a judgment in New York is to restrain bank accounts.

Lawyers 98
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Can a NY Judgment Creditor Garnish PPP or Other CARES Act Funds?

FFGN COLLECT NY

With both consumers and small businesses receiving funds from the Paycheck Protection Program (PPP) and CARES Act, questions have come up as to whether these amounts can be frozen or garnished by debt collectors or creditors. Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors?

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CNN Interviews Jocelyn Nager, New York Debt Collection Lawyer

FFGN COLLECT NY

A judgment creditor is not limited to taking execution one step at a time. The creditor can execute in a variety of ways at the same time. 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.

Lawyers 98