New York Judgment Collection Lawyer
Judgment Collection Attorney Serving New York City and Surrounding Areas
Do you need legal assistance with a judgment collection in New York? Has your judgment gone unpaid for any reason? If so, I may be able to help. It is important to contact me to schedule a consultation about your unpaid judgment so that we can discuss what can be done. I have 30 years of legal experience that can be utilized on your behalf in such matters. As a New York judgment collection attorney, I have been effective for many clients throughout New York in collecting monies owed them.
Large judgments can often go unpaid because on the surface it appears that the judgment debtor doesn't have sufficient assets or is out of business. To determine whether there may be assets, other sources have to be considered such as whether the individual owners or parents of a corporation have assets, whether assets have been transferred out of the judgment debtor to others after the filing of the complaint and whether any third parties may owe money or property to the judgment debtor.
As a New York judgment collection lawyer, I have successfully collected and enforced large judgments by piercing the corporate veil (thereby holding the parent and/or owner liable), by following the transfer of assets to a new corporation, and by levying on third parties. Often, the first step is to carefully review the judgment debtor's books, banking records and tax returns to look for transfers of funds and potential third parties who may owe money to the judgment debtor. Another step is to examine the records of the judgment debtor's accountant. For example, transfers, falsely labeled as expenses, are often disclosed by an offsetting entry to an account other than accounts payable, thereby indicating that the normal process of first recognizing an expense and an account payable was not followed. Or an accountant, to make the records balance, may set up significant amounts in unusual accounts.
Engaging a forensic auditor may often be necessary in these cases. But I have sufficient knowledge to take a first look myself at these records and see if there are likely targets. If I find appropriate targets, I then bring in the forensic auditor. Further thoughts on this subject may be found in my attached article: "Recovery When the Brokerage Goes out Of Business."
As an experienced attorney in the matter of unpaid judgments, I urge you to contact me to discuss the specifics of your situation.
Do you need help collecting on an unpaid judgment?
Contact the New York Judgment Collection Attorney
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