Legal Question in Credit and Debt Law in New York
restraint on bank account
is a lawyer (on behalf of creditor) required to give debtor notification prior to putting a restraint on a bank account?
Asked on 9/28/07, 10:21 am
1 Answer from Attorneys
Debra Palazzo
Law Offices of Debra Palazzo, LLC
Re: restraint on bank account
No. A judgment against you puts you on notice and gives this right to creditor"s agent.
If they were required to give "advance notice" that would defeat the purpose as people would most likely close their bank account/remove the $$.
Answered on 9/28/07, 11:41 am