By: Robert J. Nahoum Our client was recently notified that her bank account had been frozen. She was stunned to learn that a debt she thought had disappeared had not. In fact, that debt had been converted years earlier to a default judgment, had been collecting interest for years and ballooned from $750 to nearly $3,000.00. The debt came from […]
The Law Offices of Robert J. Nahoum Settles Ancient Medical Debt Judgment For less Than Principle
Can a Debt Collector Freeze My Direct Deposit?
By: Robert J. Nahoum THE PROBLEM You just heard from your landlord and he tells you the rent check bounced; or maybe you swipe your debit card at the grocery store cash register and the cashier tells you your card has been rejected. Turns out, your bank account has been frozen due a debt collection judgment! In New York, the […]
Can a Debt Collector Restrain My Entire Bank Account?
By Robert J. Nahoum THE PROBLEM: You have just been notified by your bank that your account has been frozen by a debt collector who was awarded a judgment against you in a lawsuit on an old debt. You just got paid and you need that money to pay the rent, the utility, the groceries, your car payment, your […]
What To Do When a Debt Collector Freezes a Joint Bank Account
By: Robert J. Nahoum THE PROBLEM: In New York, the quickest way for a debt collector to collect on a judgment is with a frozen or “restrained†bank account. Often, a consumer doesn’t even know he or she has been sued in a debt collection lawsuit until a check bounces or the ATM doesn’t spit out any money. The problem […]