Legal Question in Credit and Debt Law in New York

restraining order on bank account

Without any notification to me my bank account was placed a restraining order, when I notified the bank I was told that a NY collection agency had placed it. The bank gave me the name and phone number of this co. I called and I was told that ther has been an old debt from 1982 that needs collection,to my knowledge I really dont know the amount was $469.00 and since its been 22 years intrest totals to about $7.000.00. Do this sound legit or am I being taken for a ride. I've requested to see any papers pertaining to this and so far I have not received any. is there a stature of limitations? and if I owe this money I will gladly pay the original amount and some, but I don't think is fair if I have to pay 22 years of Intrest. I now live in Florida and what can I do if they never tried to talk to me,, Thank you


Asked on 8/04/04, 6:42 pm

2 Answers from Attorneys
Guy Lewit Guy Mitchell Lewit, Esq.

Re: restraining order on bank account

If you never received notice of the law suit which is the basis for the judgment, you have the right to go to court and get the judgment vacated (thrown out). You have to go to the court...call the other lawyer who responded for help.

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Answered on 8/05/04, 11:45 am
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: restraining order on bank account

A restraining notice is correct procedure. However, unless the judgment was renewed the action was beyond its 20 year life. If you wish to discuss the matter call me.

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Answered on 8/04/04, 7:34 pm


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