New York, NY asked in Business Law and Collections for New York

Q: I just received a letter in the mail that said I have judgement against me. Need help. what are the next steps.

I owned a small business that has been closed since 2006. It was set-up as an S Corp. How can I be personally liable for an old business debt? What do I do? How can I fight this and protect myself. I live off of disability. I am located in West Babylon, NY. Is there any legal aid that can help? Desperate. Thank you

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1 Lawyer Answer
Michael David Siegel
Michael David Siegel
Answered
  • New York, NY
  • Licensed in New York

A: You need to make a motion to vacate it. Depending on the amount and the court, the price varies. If you have no assets, you are judgment proof. Disability payments are exempt and cannot be taken.

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