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Good morning. The statute of limitations in NY is 6 years. You can file this in small claims court if the amount is $5,000 or less; otherwise it must be filed in a state civil court. Once the suit is filed and ajudgment awarded, you become a judgment creditor and can have thesheriff serve a summons on the losing party for a debtor examination. Thatforces the losing party to meet the judgment creditor in court and answerquestions under oath about the losing party's assets. After that information is obtained, the judgmentcreditor has the power to garnish wages,attach bank accounts, and/or have the sheriff seize other property to satisfy the judgment.
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Thanks for allowing meto be of service to you. Please be aware that the information provided here isnot legal advice. Rather it is simply general information. All states have intricacies in their lawsand any information given is simply information only and specifically is notintended to be, nor does it constitute, legal advice. This communication doesnot establish an attorney-client relationship with you. I hope this answer has been helpful to you.
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