Which Funds Are Exempt From Judgment Enforcement?

FFGN COLLECT NY

When considering what funds are exempt from judgment enforcement and the reach of judgment creditors, New York and the federal government draw a line between enforcing judgments against consumers and enforcing judgments against commercial entities.

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. 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.

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If a Judgment Debtor Is a Beneficiary of an Estate, You Can Have the Distribution Sent to You Instead

FFGN COLLECT NY

If you have a judgment against a person who owes you a sizable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. How to Enforce a Judgment Through Estate Distribution. Judgment Enforcemen

How to Collect on a Judgment in New York

FFGN COLLECT NY

Is your New York judgment valid? If so, you will need to know how to collect on a judgment so it can get you paid. Article 52 of New York State Civil Practice Law and Rules authorizes judgment enforcement in New York. Within the statute, New York gives creditors liberal rights and remedies to collect their judgment largely without court intervention. Once the judgment is entered, you must provide the requisite notice of entry, if required.

How to Remove a Default Judgment in New York

FFGN COLLECT NY

In order to vacate, set aside, or remove a default judgment in New York, you must make a motion to the court in which the judgment was entered. The motion will contain a specific request for the court to vacate the judgment and return monies taken to satisfy the judgment.

Financial forensic report 8.9.2021

Financial Forensic Services

TO GET YOUR JUDGMENT ENFORCED EFFICIENTLY. Don’t be too hard on yourself – because 80% of the people or businesses that win judgments in the United States never get their money. That’s right – 80% of the judgments entered in the US are never enforced or collected.

financial forensic report 8.16.2021

Financial Forensic Services

History of the Judgment Enforcement Problem. 80 percent of the civil money judgments in the United States are never collected. Note: when drafting the judgment language for the judge’s signature, many attorneys stop with “legal fees.”

Financial Forensic Report 7.26.2021

Financial Forensic Services

Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. FINANCIAL FORENSIC SERVICES HAS MOVED TO TEXAS!

Does Paying Personal Expenses From Your Business’ Account Create Liability For Your Company?

FFGN COLLECT NY

Normally, if a person owns a corporation and a judgment is entered against that corporation for an outstanding debt, the only assets at risk of judgment enforcement are those of the corporation. If this happens and the court finds the owners and/or officers liable for the debts, their personal bank accounts and assets could be used for judgment enforcement related to the company’s debt.

Understanding New York Debt Collection Laws

FFGN COLLECT NY

Judgment enforcement and more are conducted without state court scrutiny. New York’s liberal judgment enforcement policies allow attorneys’ offices to conduct almost all judgment enforcement activities. Whether you are looking for assistance with collection efforts or want to make sure your current vendor is in compliance, you should be familiar with the laws that govern New York debt collection.

Domesticating Your Foreign Judgments with Skilled Collections Attorney Alan M. Cohen

Collections Law

Like nearly every other state as of 2020, Massachusetts finally adopted the Uniform Enforcement of Foreign Judgments Act, allowing out-of-state judgments to be domesticated by Massachusetts attorneys. How We Can File Foreign Judgments for Domestication By Registration.

financial forensic report 9.13.2021

Financial Forensic Services

But even as IBM discontinues work on facial recognition, Companies like Clearview Al already provide these services to over 600 law enforcement agencies. Diagnostic & Prescriptive Judgment Enforcement By: Joe H. HOW QUICKLY THE USE OF ARTIFICIAL INTELLIGENCE IS CHANGING.

Domesticating Your Foreign Judgments with Skilled Collections Attorney Alan M. Cohen

Collections Law

Like nearly every other state as of 2020, Massachusetts finally adopted the Uniform Enforcement of Foreign Judgments Act, allowing out-of-state judgments to be domesticated by Massachusetts attorneys. Under this act, we now have two different methods of domesticating your judgment in Massachusetts: domestication by registration or domestication through litigation. We file your judgment with the court clerk, who will then give notice to your debtor.

How a Foreign Judgment Is Enforced in Massachusetts

Collections Law

If you are an out-of-state business dealing with a delinquent debtor in the Commonwealth of Massachusetts, it’s a much more straightforward process than you might think to domesticate your judgment. However, it is still an uphill battle to have such a judgment enforced.

Can a Debtor Get Their Money Back?

FFGN COLLECT NY

If the demand is not productive, you needed to sue and wait for judgment. Only once the judgment is entered can you collect the monies through judgment enforcement. Any monies taken through judgment enforcement efforts would need to be returned to the judgment debtor.

Recovering Bad Debts With an Aggressive Collections Attorney

Collections Law

Even when the court successfully rules in your favor, you are not guaranteed timely payment of either a Massachusetts judgment or a foreign judgment. We make sure there is a plan in place for collection before the judgment is entered. Domesticating Foreign Judgments.

Financial forensic report 8.2.2021

Financial Forensic Services

FFS makes no judgment, pro or con on this information but provide it FYI only. . _. _. Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment.

Financial Forensic Report 7.19.2021

Financial Forensic Services

Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. NICE QUIET TALK ABOUT SECRECY. Archived Interview of Joe Barber of the Gazette Telegraph.

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Financial Forensic Report 7.12.2021

Financial Forensic Services

It’s hardly the only law enforcement agency to have done so. The Colorado General Assembly addressed the narrow interpretation of HB 19-1119 by some law enforcement agencies in House Bill 21-1250, which is awaiting Gov. Diagnostic & Prescriptive Judgment Enforcement By: Joe H.

If a Judgment Debtor Is a Beneficiary of an Estate, You Can Have the Distribution Sent to You Instead

FFGN COLLECT NY

If you have a judgment against a person who owes you a sizeable debt and had little success enforcing the judgment through traditional means, alternative options might afford better results. When the usual steps, such as levying the debtor’s bank account and garnishing the debtor’s wages, result in little success recovering monies owed , the judgment may seem uncollectible. How to Enforce a Judgment Through Estate Distribution.

What Business Owners Should Know Before They Guarantee a Line of Credit

FFGN COLLECT NY

Is the guarantor flush with cash or investments or are all monies and assets belonging to the guarantor exempt from judgment enforcement ?

Best Practices to Enforce a Judgment 

FFGN COLLECT NY

A client of ours in the waterproofing business asked for our best practices when enforcing a judgment. Best practices would generally infer that judgment enforcement differs based on the creditor’s industry, but that’s not the case.

Using Your Debtor’s Assets to Secure Judgment Collections

Collections Law

Winning your case in court is often the easy part of the legal debt collection process; it’s collecting your payment post-judgment where things get challenging and require a bit of strategy.

financial forensic report 8.30.2021

Financial Forensic Services

Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. THE FRAUDULENT FLOW OF. FOREIGN WEALTH.

financial forensic report 9.7.2021

Financial Forensic Services

Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. THE AMAZING POWER OF PRICE ELASTICITY. Profits need protection.

What Business Owners Need to Know About Their Foreign Judgment Rights

Collections Law

Cohen LLC domesticate and enforce foreign judgments for clients outside Massachusetts. We’ve created this blog as a primer on how we handle foreign judgment cases, as well as examining the tools that we use to help business owners like you to collect their accounts receivables.

Using Aggressive Methods to Domesticate Foreign Judgments and Enforce Mechanics Liens

Collections Law

We Domesticate Foreign Judgments in Massachusetts. Therefore, to implement and enforce it, the creditor must get the judgment domesticated. Cohen LLC, we domesticate your foreign judgment in Massachusetts and simultaneously work to secure payment of that judgment.

financial forensic report 8.24.2021

Financial Forensic Services

Diagnostic & Prescriptive Judgment Enforcement By: Joe H. or email joe@financialforensicservices.com and make an appointment for a FREE initial review of your judgment. THINKING ABOUT BITCOIN?

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.

Concerns over prohibition against debt collection service

Collection Industry News

Lawyers collect debts by negotiation, conciliation or filing a lawsuit to arbitration or court, and by enforcement of State’s agency. Especially, at the stage of judgment execution, debtors must have assets to obey the Court’s judgement. Unsurprisingly, the debt recovery ratio of such enterprises reaches 90%, compared to that of the judgment enforcement agencies, which is only 50%. [2].

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How Aggressive Collections Attorneys Can Aid in Massachusetts Debt Recovery

Collections Law

Instead, they will help you collect on the debt by filing a lawsuit against the debtor, seeking and obtaining attachments on the debtor’s assets, and even garnishing their wages post-judgment so that you can get paid for your judgment debt.

Service Has to Be Solid When It Comes to Debt Collection

FFGN COLLECT NY

The result of these investigations highlights the judgments entered without cause and disciplinary actions against the firms for failing to deliver solid service of the court documents. This can include notice of default, notice of non-payment, notice of pendency, notice under mechanics lien, notice that a debt collection claim has been filed or, that a judgment has been entered. The Illinois judgment appeared valid. In this case, we represented the judgment debtors.

Guest Post: CFPB Seeks Information for Third Party Debt Collection Rules

Consumer Financial Services Law

He concentrates his practice in creditors' rights with an emphasis on debt collection, judgment enforcement, and commercial litigation. Having practiced in the creditors' rights field for more than 25 years, he has written and lectured extensively on debt collection and judgment enforcement. Editor’s Note: On November 3, 2016, Smith Debnam’s Jerry Myers attended a meeting with the CFPB to discuss the proposed rules for third party debt collection.

How a Skilled Collections Lawyer Improves Your Odds of Commercial Debt Recovery

Collections Law

Cohen LLC can create and implement a plan for debt recovery to enhance your bad debt recovery and enforce judgments that you have previously obtained or that they win on your behalf. The United States Constitution requires states to honor judgments of other states as decided by their courts. Many debt collection attorneys are unfamiliar with this process, making it extremely critical to hire a debt collection attorney who is experienced in domesticating foreign judgments.

How a Skilled Collections Lawyer Improves Your Odds of Commercial Debt Recovery

Collections Law

Cohen LLC can create and implement a plan for debt recovery to enhance your bad debt recovery and enforce judgments that you have previously obtained or that they win on your behalf. The United States Constitution requires states to honor judgments of other states as decided by their courts. Many debt collection attorneys are unfamiliar with this process, making it extremely critical to hire a debt collection attorney who is experienced in domesticating foreign judgments.