In what ways can a judgement from another state affect me?

I received a judgement from NY against me by the Department of Labor. The
judgement has already been filed in court. I currently reside in FL. This
judgement is against myself and my company Inc.. I have not done business
through my company in over 4 years, so I guess you can say it’s out of
business. I cannot afford to pay this judgement. Can my assets in FL bank
accounts or property be frozen by this judgement in NY? In what ways can
this judgement affect me?
Many thanks in advance.

Asked on March 29, 2016 under Employment Labor Law, Florida

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 4 years ago | Contributor

If the judgment is against you personally then if you don't pay it voluntarily, your wages/salary can be garnished; a lien can be put on real estate; bank or brokerage accounts may be levied upon (i.e. money can be taken out); and valuable personal property (like art or vehicles) can be executed upon (seized and sold). And, of course, it will have a significant negative effect on your credit A judgment from one state can be enforced in another state, though the process is a bit more cumbersome and paperwork-intensive than enforcing a judgment in the same state; every state is legally required to honor every other state's judgment.


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