EXTENDING OLD JUDGMENTS: TIMING IS CRUCIAL
Friday, July 28th, 2017
Waller on Judgment Collection The Court of Appeals has confirmed that the deadline to file a motion to extend the life of an old judgment is ten years from the date the judgment was entered. In Town & County Jewelers, Inc. v. Trotter, the Court ruled that the judgment creditor (usually the plaintiff) waited too […]
Read More »FEDERAL RESERVE BANK REPORT SUGGESTS THAT DEBT COLLECTION RESTRICTIONS NEGATIVELY IMPACT AVAILABLE CREDIT
Thursday, June 1st, 2017
The Federal Reserve Bank of New York recently released its report Access to Credit and Financial Health: Evaluating the Impact of Debt Collection. The report analyzes the impact state debt collection laws have on consumers’ access to credit. The report suggests that restricting collection activities leads to a decrease in access to credit and to […]
Read More »