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Statute of Limitations for Commercial Claims
The law makes sure that no one needs to fear the threat of lawsuit for the rest of their lives over one incident. Statute of limitations provide set time limits for different causes of action, and once that time has passed, that claim can no longer be brought in front of a court. Here are the standards for some of the more common commercial claims in New York. Read more
New York IRA and 401(k) exempt from alimony arrears?
A former spouse does have a legal basis to try to enforce the judgment for alimony against an IRA and 401(k) in New York. The accounts would fall within this exception in CPLR 5205(c)(4) and would not be exempt under these circumstances. See a comprehensive analysis of the law below… Read more
Statute of Limitations for Commercial Claims
/in Foreclosure & Loan Mod Blog, NY Business Litigator Blog / NY Real Estate Litigator Blog /by Scott LaninThe law makes sure that no one needs to fear the threat of lawsuit for the rest of their lives over one incident. Statute of limitations provide set time limits for different causes of action, and once that time has passed, that claim can no longer be brought in front of a court. Here are the […]
New York IRA and 401(k) exempt from alimony arrears?
/in Foreclosure & Loan Mod Blog, NY Business Litigator Blog / NY Real Estate Litigator Blog /by Scott LaninA former spouse does have a legal basis to try to enforce the judgment for alimony against an IRA and 401(k) in New York. The accounts would fall within this exception in CPLR 5205(c)(4) and would not be exempt under these circumstances. See a comprehensive analysis of the law below…