New York City Debt Collection Defense Attorney
888.271.7109
Menu

Bank Hold Blogs

All Posts
  • NY Confession of Judgment Update 2024: The End of Out-of-State Debtor Exploitation
    NY Confession of Judgment Update 2024: The End of Out-of-State Debtor Exploitation

    Understanding New York's Confession of Judgment Law and Recent Amendments New York's Confession of Judgment (COJ) law, codified in N.Y. C.P.L.R. § 3218, is a powerful legal tool that allows creditors ...

    Read More
  • Can Banks Freeze LLC Accounts for Personal Judgments? | NY Legal Guide
    Can Banks Freeze LLC Accounts for Personal Judgments? | NY Legal Guide

    Can a Bank Restrain (freeze) the Bank Account of a Judgment Debtor's LLC Based on an Individual Debt? A bank's ability to restrain an LLC's account for a judgment debtor's personal debts is complex. ...

    Read More
  • Access Your Exempt Bank Funds: The Essential Guide to Using the Exemption Claim Form Kit
    Access Your Exempt Bank Funds: The Essential Guide to Using the Exemption Claim Form Kit

    The Exemption Claim Form Kit An Attorney-Crafted Solution for Unfreezing Exempt Funds from Frozen Bank Accounts in New York Under New York CPLR §§ 5205, specific funds are protected from bank freezes. ...

    Read More
  • Bank Account Frozen From a New York Judgment (but you live outside NY)? Big Win for Consumers where "Separate Entity Rule" Voided Such a Bank Restraint
    Bank Account Frozen From a New York Judgment (but you live outside NY)? Big Win for Consumers where "Separate Entity Rule" Voided Such a Bank Restraint

    Many out-of-state clients panic upon discovering their bank accounts frozen due to a New York default judgment. Is this legal? The cases below, including those of New York's highest court, affirm the ...

    Read More
  • New York Civil Courts Raise Monetary Threshold to $50,000
    New York Civil Courts Raise Monetary Threshold to $50,000

    The New York Civil Courts have updated their monetary limits for the first time since 1983. This change affects filing costs and the courts' efficiency. This overview will examine the reasons for this ...

    Read More
  • Revisiting Amex v. Badalamenti: A Decade Later, Electronic Evidence Under the Microscope
    Revisiting Amex v. Badalamenti: A Decade Later, Electronic Evidence Under the Microscope

    Upholding Evidentiary Standards in Electronic Debt Claims In the case of American Express Centurion Bank v. Badalamenti, the court scrutinized the evidentiary standards required for electronic records ...

    Read More