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Category Archives: Judgment Enforcement and Commercial Collections
Can a Creditor Garnish Wages in New York to Satisfy an Individual’s Debt?
When someone falls behind on debt, creditors often look for legal methods to recover the outstanding debt. One common collection tool is wage garnishment, or the process of taking a portion of a person's paycheck to satisfy a debt. But how does this work in…
Are Business Assets Treated Differently Than Personal Assets in a Levy?
Business and personal assets may both be subject to levies to satisfy creditor judgments. The treatment of business versus personal assets in a levy depends primarily on the debtor's business structure and ownership documentation rather than an inherent legal distinction between the types of assets.…
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