By: Robert J. Nahoum THE PROBLEM You are retired or maybe you got hurt on the job and your only source of income is social security or other government benefits. You fell behind on bills and used the credit cards to make up the difference. You could no longer make the minimum payments and now the creditors have sued you. […]
What is A Judgment Lien on Real Property?
By: Robert J. Nahoum If you’ve been sued and a debt collector and a judgment has been against you, that judgment allows the debt collector to garnishee wages , freeze your bank accounts and levy on your real property including your home. The lien on real property is a passive method for enforcing the judgment meaning that the only […]
Can You Have Your Wages Be Garnisheed by More Than one Judgment Creditor at a Time?
By: Robert J. Nahoum THE PROBLEM The economy has been rough for so many working people. Like many others you relied on credit cards to make ends meet between jobs. Now that you're working again, you're trying to pick up the pieces. The credit card companies don't care what your story is, they don't care how you got where you […]
Who Are the Parties to a Debt Collection Lawsuit?
By: Robert J. Nahoum Being sued for a debt is stressful enough. The process is made even more stressful when it is unclear who all the various parties to a debt collection lawsuit are. THE PLAINTIFF In every lawsuit, the party who brings the suit is called the "Plaintiff". The Plaintiff in a debt collection lawsuit is either the party […]
What is a Stipulation in a New York Debt Collection Case?
By: Robert J. Nahoum The Problem: You have been sued by a debt collector and have come to terms on a settlement but the debt collector wants you to sign something called a "stipulation". What is a stipulation in a New York Debt Collection Case? The Rules: Under most circumstances, the procedural rules in a New York debt collection lawsuit […]