Satisfaction of Judgment Blogs

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How Federal Powers Override NY's Student Loan Time Limits: Ultimate Guide November 24, 2024
What You'll Learn: In this comprehensive guide, you'll learn: How New York's 20-year statute of limitations on money judgments under CPLR § 211(b) operates, including exceptions for written ...
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What Happens to Judgment Enforcement upon Death? January 14, 2023
Statutes relating to the enforcement of money judgments require careful reading and analysis. The below summarizes CPLR § 5208 [Enforcement after death of judgment debtor; leave of court; extension of ...
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How Creditors "levy" (take) your Property: New York December 22, 2022
What is a Levy? The verb "to levy" means "to take or seize property in execution of a judgment." Used in a sentence: "The judgment creditor may levy on the debtor's assets." A levy is the final stage ...
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Unrecorded Debt Assignments Remain Legally Binding - What This Means for New York Debtors December 12, 2022
The Validity of Debt Assignments Without Court Recording The Case of Musah v Houslanger & Associates In a pivotal ruling, the Federal District Court for the Southern District of New York provided ...
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What is a Protective Order against Judgment Enforcement? New York January 31, 2022
Judgment debtors may turn to CPLR § 5240 to seek relief against the harsh effects of aggressive judgment enforcement. Located in a "centralized location" in Article 52, CPLR § 5240 may grant a debtor ...
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Pay off a New York Judgment? Creditor is Obligated to File Satisfaction or Pay Penalty. March 31, 2021
Understanding Your Rights After Paying Off a Judgment in New York When you've fulfilled a judgment through paycheck deductions, bank account seizure, or settlement agreement compliance, it's crucial ...
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