Legal Question in Credit and Debt Law in New York

Creditors and Assets

For a property execution can a creditor take any asset from the debtor for the amount of the claim or only the asset that the claim is for?


Asked on 7/22/08, 12:52 pm

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

Re: Creditors and Assets

He may take any asset subject to NY CPLR section 5205. You may find a copy of the statute online.

Mike.

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Answered on 7/22/08, 2:20 pm


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