Legal Question in Business Law in New York
Could a company freez or take a judgement on my bank account
I have a business corporation located in New York Nassau county I owed one vendor money I received one letter from a lawyer a while back no summons no registered mail I was never served with papers They took a judgement or froze my account.They did this in Rochester NY Monroe county and for double the amount about $50,000. I--name removed--t think they were allowed to do this and how could I remove it .Could I sue them for loss of work etc.
Thanks
Don
2 Answers from Attorneys
Re: Could a company freeze or take a judgement on my bank account
If I understand your message correctly, a creditor has frozen your bank account for money owed. You need to try and stop the creditor from taking the money from your account. Once taken, it is harder to get it back. If you had no notice of the lawsuit (not just the letter), you may have a basis to stop the process. Given the amount at stake, I'd recommend that you hire an attorney to help you ASAP. We handle this type of work and would be happy to discuss it with you. Please let me know if you need anything else.
Re: Could a company freez or take a judgement on my bank account
You would need to file a motion to vacate the judgment and restore the case to the court's calendar in the county where the judgment was obtained. Once a judgment is filed and entered the judgment creditor is permitted to have twice the amount of the judgment frozen, but they cannot collect more than the judgment amount plus interest. This area of law is our specialty, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.
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