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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 a
judgment awarded, you become a judgment creditor and can have the
sheriff serve a summons on the losing party for a debtor examination. That
forces the losing party to meet the judgment creditor in court and answer
questions under oath about the losing party's assets. After that information is obtained, the judgment
creditor 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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