The Post-Judgment Subpoena Duces Tecum (New York) legal template is a document designed to assist individuals or entities in the state of New York who have obtained a judgment against a debtor and are seeking to collect any outstanding debts.
When a judgment is obtained, it does not automatically guarantee payment from the debtor. This template helps the judgment creditor (the party who won the lawsuit or obtained the judgment) in their efforts to collect the debt by providing a legally binding subpoena duces tecum.
A subpoena duces tecum is a court order that compels a person or entity to produce specific documents or evidence relevant to a case. In the context of post-judgment collection, this subpoena is issued to a third party, such as a bank, employer, or any entity that may have relevant information or assets of the judgment debtor.
The template includes standardized language and structure to ensure compliance with the relevant laws and regulations of New York. It allows the judgment creditor to insert the necessary information, such as the names of the parties involved, the case number, and the specific documents or records they wish to obtain.
By utilizing this template, the judgment creditor can streamline the process of collecting the judgment by acquiring crucial information and documents needed to identify and locate the debtor's assets. This can be particularly useful when the debtor is not forthcoming with information or attempts to hide assets, as the subpoena duces tecum legally obligates the third party to provide the requested information to aid in the collection efforts.
It is important to note that this template should only be used in accordance with New York state laws and regulations, and it is advisable to seek legal counsel to ensure its appropriate use in individual cases.
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