Judgment defense Blogs

In New York practice, "entry" and "docketing" are related but distinct procedural acts. Understanding the distinction helps determine when a judgment becomes effective as a judgment and when it ...

If you settled a judgment for less than the full amount, the IRS may treat the forgiven portion as taxable income — unless the settlement reflects a bona fide dispute over the amount or enforceability ...

In New York judgment enforcement, a "final" order is rarely the end of the story. CPLR § 5015 is one of the principal statutory mechanisms for post-judgment relief in New York, allowing debtors and ...

Facing a wage garnishment or bank restraint based on a default judgment? New York law provides multiple, distinct paths to seek vacatur—but the requirements differ materially depending on the statute ...

What is a Levy? Under New York Civil Practice Law and Rules (CPLR) Article 52, the term levy describes two distinct enforcement methods: Levy by service of execution (CPLR § 5232 (a)) – The sheriff, ...

What is a Blanket Security Agreement? A blanket security agreement is a contract between a borrower and a lender that grants the lender a security interest in multiple assets or all assets of the ...