Bank of America Blogs

What is a Motion for Summary Judgment? A motion for summary judgment is a legal procedure that allows a party to a lawsuit to ask the court to decide the case in their favor without a trial. The ...

When it comes to debt collection, CACH, LLC is known for pursuing overdue personal debts. However, their reach extends to business-related debts as well. A recent case, however, highlights the ...

Short answer: New York Banks may freeze (hold) double the judgment amount to cover accrued interest and collection expenses. [1] Securing twice the amount due upon the judgment ensures payment of ...

1) Account Stated is a “cause of action.” What is a cause of action? A cause of action has two definitions: noun. A condition under which one party would be entitled to sue another. noun. A set of ...

Represented by Daniels Norelli Scully & Cecere, P.C., debt-buyer, CACH, LLC, sued our client for an alleged Bank of America (FIA) credit-card debt. Although the amount at issue was small, the stakes ...

Finally, a bank may be answerable for ignoring rules to protect New Yorkers' exempt money from seizure by judgment creditors. After three federal cases denied a private right of action against banks ...