Legal Question in Credit and Debt Law in New York
Collections, debt
My checking account was put on a hold and charged 2x the amount of money that I owe the creditor. The only income I have is my husband's job(direct deposit check) and now we have no money to survive on. Can a creditor take all of yor money, even if it means that you will literally have NOTHING?
Asked on 2/25/08, 10:08 am
1 Answer from Attorneys
Steve Brodsky Esq.
CheapNewYorkLLC.com
Re: Collections, debt
Maybe, maybe not. It depends on several factors, including the source of funds in the account. In addition, recent paychecks may not be frozen. You will need to file a show cause in your local court to get the funds released. Call the court and ask how to file a show cause, or contact an attorney.
Answered on 2/25/08, 10:18 am