Confession of Judgment Blogs

Collection litigation in New York presents significant challenges for defendants, requiring understanding of key jurisdictional defenses. This article examines three critical defenses in collection ...

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 ...

The key differences between a Merchant Cash Advance (MCA) and the sale of future receivables : 1) Legal Nature: Although MCAs are marketed as purchases of future receivables, regulators (including the ...

What are your rights when your bank account is jointly held? Can the creditor's attorney simply take all of the money? Under New York law, a joint bank account generally creates a presumption that ...

Yes. When creditors obtain a judgment for an unpaid debt, they can docket that judgment to create a lien against your real property. This is entirely different from a mortgage lien, which is ...