Legal Question in Credit and Debt Law in New York

Seven years is incorrect; the Statute of Limitations on a New York Judgment is 20 years so the wage garnishment is presumably valid. However, you do have options. You can settle for a lump sum short of the entire amount owed; you can get yourself on a payment plan; you can allow the approximate $40 to be paid out of your salary; or some combination of the three.

Alternatively, you can file a motion in court asking for a stay of enforcement based on financial hardship or other reasons. Regardless of the option you select, I would urge you to hire an attorney. For all you know, there could be something wrong with the judgment or the manner in which Plaintiff's counsel is attempting to enforce it. Also, you probably won't figure out how to make the motion for a stay.

I hope this was helpful. Best of luck!