article thumbnail

Debt Collection of Medical Judgments in New York to Become Further Limited By S6522A

FFGN COLLECT NY

Recently, the New York Senate approved Senate Bill S6522A, introduced in May 2021, which provides an exception to some of New York’s judgment enforcement tools. The exceptions sought would apply to money judgments obtained by most medical providers. Lien on Property. Medical providers would lose this remedy to collect.

article thumbnail

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

FFGN COLLECT NY

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. The funds, although earmarked for payroll, were not exempt.