Judgment Against Property With No In New York

State:
Multi-State
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

The Judgment Against Property With No In New York form serves as a crucial legal document for recording a judgment that creates a lien against a debtor's real estate. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in debt collection or property disputes. Key features of this form include the ability to formally document the judgment and ensure that it is recognized against all real property owned by the debtor in New York County. Filling out this form requires accurate details such as the names of the judgment debtors and the county where the judgment has been enrolled. Legal professionals can adapt the model letter included with the form to communicate effectively with relevant parties. Specific use cases for this form include securing payment from debtors and protecting the interests of creditors through the establishment of a lien. It is important to verify if there are other properties owned by the debtors in different counties to maximize the effectiveness of the lien. Users should maintain clarity and professionalism while following the instructions to ensure the document serves its intended purpose efficiently.

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FAQ

Personal Property Execution If a Judgment Creditor knows that the Judgment Debtor owns a car, truck, motorcycle or other personal property of significant value, the Judgment Creditor may file a Property Execution.

Summary: If you are unemployed, have no assets or savings, and are being hounded by debt collectors, it may make sense to send a judgment proof letter to your creditors informing them of your situation.

You can look at your credit report at .annualcreditreport or you can go to the local clerk for the courts and search the county database. If there are judgments in other jurisdictions you would have to look there as well.

Being judgment proof typically means having few assets and little earned income. Creditors cannot seize the assets or garnish the income of someone who is judgment proof. Social Security, child support, and unemployment benefits are types of income that generally can't be garnished by creditors.

The easiest procedure is to file a motion for summary judgment in lieu of complaint. That sets up a summary procedure that is designed to determine whether defendant received proper service of legal papers in the out-of-state case and that granting recognition to the judgment doesn't violate NY public policy.

In layman's terms, a person is judgment proof when they have no collectable income or assets. In this case, it makes no sense for a creditor to take that person to court, because even if the creditor wins the suit and obtains a judgment, the creditor will not be able to collect.

Statute of Limitations CaseTime SinceThe Law Enforcing court judgments 20 years CPLR 211(b) False imprisonment 1 year (Civil) CPLR 215(3) Fraud 6 years CPLR213(8) Kidnapping No time limit or 5 years depending on the facts Crim. Proc. 30.10(2)(a) or (b)32 more rows •

Under CPLR § 5402(a), to recognize a foreign judgment, a judgment creditor must: (1) file the foreign judgment within 90 days of the date of the judgment's authentication in the office of any county clerk of the state; and (2) file an affidavit, stating (i) that the judgment was not obtained by default in appearance or ...

Some possible options to enforce an out-of-state judgment in California include the following: Levying the debtor's assets and personal belongings. Placing a lien on the debtor's property. Levying the debtor's bank account. Levying the debtor's vehicle. Garnishing the debtor's wages.

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Judgment Against Property With No In New York