C.a. Withdrew Funds/retirement Acct.

[comathon]

What is the name of your state?NY-A COLLECTION AGENCY WITHDREW FUNDS FROM MY RETIREMENT ACCOUNT FOR A PAST JUDGMENT. I WENT THROUGH LEGAL CHANNELS TO HAVE THEM CORRECT THIS MISTAKE, & THEY ARE IN THE PROCESS OF RETURNING THE MONEY. MY QUESTIONS ARE-
1- DO THEY HOLD THE MONEY FOR A PERIOD OF TIME BEFORE THEY RETURN THE MONEY TO THE JUDGMENT CREDITOR?
2- I WOULD LIKE TO SETTLE THIS JUDGMENT. SHOULD I CONTACT THE JUDGMENT CREDITOR OR THE COLLECTION AGENCY?
3-WHAT PERCENTAGE OF THE MONEY JUDGMENT SHOULD I START WITH?
THANK YOU FOR YOUR TIME.

 

[TigerD]

What is the name of your state?NY-A COLLECTION AGENCY WITHDREW FUNDS FROM MY RETIREMENT ACCOUNT FOR A PAST JUDGMENT. I WENT THROUGH LEGAL CHANNELS TO HAVE THEM CORRECT THIS MISTAKE, & THEY ARE IN THE PROCESS OF RETURNING THE MONEY.

It isn't a mistake. They will attach anything they think they can get.

MY QUESTIONS ARE-
1- DO THEY HOLD THE MONEY FOR A PERIOD OF TIME BEFORE THEY RETURN THE MONEY TO THE JUDGMENT CREDITOR?

Actually, the bank holds the money for a period of days then turns it over to the sheriff who holds it for a period of days before the judgment creditor receives it.

2- I WOULD LIKE TO SETTLE THIS JUDGMENT. SHOULD I CONTACT THE JUDGMENT CREDITOR OR THE COLLECTION AGENCY?

Contact the people attaching your assets.

3-WHAT PERCENTAGE OF THE MONEY JUDGMENT SHOULD I START WITH?
THANK YOU FOR YOUR TIME.

All of it. Plus their costs and interest.


DC