Legal Question in Credit and Debt Law in New York
Legal hold on Bank Account
I am listed as a beneficiary on my Dad's bank account. Apparently a judgement has been entered against me, and they have frozen my dad's account. I think this is just a bank error, as I maintain sole ownership of my own account. How can I get his account unblocked? Also this may be an account whose time limit for collection has expired. How do I get this judgement against me reversed, if the time statues have expired?
1 Answer from Attorneys
Re: Legal hold on Bank Account
A creditor with a judgment can both garnish the judgment debtor's wages and levy a writ of execution against the judgment debtor's bank account (or just restrain the account pursuant to a restraining notice).
Please see the prior posting on our Blog (newyorkbankruptcylawyerblog.com) on the topic of dealing with a default judgment. The posts are:
Help A Collector Has Frozen My Bank Account in New York, Queens, Bronx, Brooklyn! http://www.newyorkbankruptcylawyerblog.com/2008/10/help_a_collector_has_frozen_my.html
- and -
What Can I Do If a Default Judgment Has Been Entered Against Me in New York? http://www.newyorkbankruptcylawyerblog.com/2008/10/what_can_i_do_if_a_default_jud_1.html
The foregoing is intended as general information of interest to readers of this website and is not intended as legal advice for your situation. You should consult with an attorney.
Best regards,