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  • Levy vs. Seizure: How Creditors Enforce Judgments Against Your Property in New York
    Levy vs. Seizure: How Creditors Enforce Judgments Against Your Property in New York

    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, ...

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  • When Death Stops Debt Collection: How CPLR § 5208 Protects Estates (But Not You)
    When Death Stops Debt Collection: How CPLR § 5208 Protects Estates (But Not You)

    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 Federal Powers Override NY's Student Loan Time Limits: Ultimate Guide
    How Federal Powers Override NY's Student Loan Time Limits: Ultimate Guide

    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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  • 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. ...

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  • How Do Merchant Cash Advances Differ From the Sale of Future Receivables?
    How Do Merchant Cash Advances Differ From the Sale of Future Receivables?

    The key differences between a Merchant Cash Advance (MCA) and the sale of future receivables : 1) Legal Nature: An MCA is not technically a loan, but rather an advance purchase of a business's future ...

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  • 2024 Lessons About a $260K Judgment Tossed in 2011: "Dwelling Place" or "Abode"
    2024 Lessons About a $260K Judgment Tossed in 2011: "Dwelling Place" or "Abode"

    In the 2011 case handled by The Langel Firm, we overturned a $266,382 judgment and compelled the dismissal of the case. This foreign-judgment case represented a significant legal victory underscoring ...

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