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New York Civil Practice and Rules Article 52 grants the judgmentcreditor many liberties and privileges when it comes to enforcing a judgment. 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.
They include: A multi-faceted approach: A judgmentcreditor is not limited to taking it one step at a time. The creditor can execute in a variety of ways at the same time. EnforcingJudgments against bank accounts An easy way to enforce a judgment in New York is to restrain bank accounts.
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 judgmentcreditors?
A judgmentcreditor 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 judgmentcreditor would issue a restraining notice to the bank.
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