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Find additional information about debt collection in our firm's blog

Debt Collection Blog

New Law in NY Affords Relief to Communities, Condos and Homeowners Associations Plagued by Abandoned or Vacant Properties

From the time a homeowner is served with a summons and complaint in a foreclosure action until the property is sold at a foreclosure sale, borrowers often vacate their homes, leaving properties to ...
Continue reading "New Law in NY Affords Relief to Communities, Condos and Homeowners Associations Plagued by Abandoned or Vacant Properties" »

New Legislation Impacting Income Executions in New York State

From: Alden B. Smith, Co-Chair of the Debt Collection & Creditor's Rights Committee of the Rockland County Bar Association A recent change was made to New York's income execution statute, ...
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Renewing a Money Judgment Before Its Lien Expires and/or Before It Is No Longer Enforceable

Although a New York money judgment is enforceable for 20 years (see CPLR 211 (b)), a real property lien resulting from the judgment is only viable for 10 years. For this reason, the New York State ...
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Revised NY Laws for Second Service of an Income Execution

Effective December 11, 2015, the statutory provisions governing the steps to perform a CPLR 5231 income execution were clarified and modernized given the current business practices that exist today. ...
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New York State Enacts New Regulations on Actions of Debt Collectors

New York State Superintendent of Financial Services has enacted a new regulation titled "Debt Collection by Third-Party Debt Collectors and Debt Buyers". This regulation is designed to ...
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Separate Entity Rule & Restraining Notices | NY Debt Collection Lawyer

New York State Courts have made many recent pronouncements confirming the vitality of the Separate Entity Rule as it applies to restraining notices served upon banks. The Separate Entity Rule provides ...
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How Do I Know If I Need A Debt Collection Attorney?

When you are running a business or providing services for other people, you rely on regular and on-time payments from those owe you money. But what are you supposed to do when those people fail or ...
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New Rules Relating to Default Judgments in Consumer Credit Transactions Under New York State Law

Effective October 1, 2014, the Administrative Judge of the New York court System adopted major reforms addressing default judgment applications to the Clerk only (CPLR 3215(a)) in consumer credit ...
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Significant Changes to New York State Estate Tax Law

Major changes have been made to New York Estate Tax Law. Read below for a condensed overview, or read the PDF we have available by clicking here. Need the counsel of a New York estate planning lawyer? ...
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The Installment Payment Order Can Be a Useful Enforcement Device

New York State's Civil Practice Law and Rules, Article 52, §5205 provides for certain personal property exemptions from application to the satisfaction of money judgments. One of those ...
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Update on the New Rockland County Multiple Dwelling Smoking Policy Act

For those practitioners who represent the boards of condominiums, co-ops and/or homeowners associations or who may have clients who own or rent in a condominium, co-op or homeowners association ...
Continue reading "Update on the New Rockland County Multiple Dwelling Smoking Policy Act" »

Condominium Owners & By-Laws

In the state of New York, a condominium form of ownership of real property is defined as a division of a single parcel of real property into individual units and common elements in which an owner ...
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Landlord and Tenant Collections

When a tenant moves into a commercial or residential property, he or she will have to sign a lease and agree to certain terms and conditions before being able to take possession of the property. These ...
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Medical and Dental Collections

One of the most difficult and time-consuming aspects of any business is debt collection. You operate your business with the intention of delivering a high-quality service or product and expect people ...
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Are you Looking to Purchase Property in New York?

Purchasing property whether it is residential or for a business is a big commitment and it is very important to team up with an experienced real estate lawyer from the Law Offices of Alden B. Smith ...
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Welcome to the Blog for the Law Offices of Alden B. Smith

Are you facing a debt collection concern? Frequently, people are faced with the responsibility of collecting debt from past-due accounts. If your business is struggling with obtaining debts that are ...
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Law Offices of Alden B. Smith - New York Debt Collection Lawyer
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