EXEMPTION_NOTICE_as_required_by_New_York_Law_YOUR

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BANK ACCOUNT exempt money attorney FORM judgment creditor NOTICE RESTRAINED money judgment

"EXEMPTION NOTICE 
                         as required by New York Law 
 
                   YOUR BANK ACCOUNT IS RESTRAINED OR "FROZEN" 
      The attached Restraining Notice or notice of  Levy  by  Execution  has 
    because a creditor has obtained a money judgment against you, and one or 
    more of your bank accounts has been restrained to pay the judgment.    A 
    money  judgment  is a court's decision that you owe money to a creditor. 
    You should be aware that FUTURE DEPOSITS into your account(s) might also 
    be restrained if you do not respond to this notice. 
      You may be able to "vacate" (remove) the judgment. If the judgment  is 
    vacated,  your  bank  account  will  be  released.  Consult  an attorney 
    (including free legal services) or visit the court clerk for more infor- 
    mation about how to do this. 
      Under state and federal law, certain types of funds  cannot  be  taken 
    from  your  bank  account  to  pay  a judgment. Such money is said to be 
    "exempt." 
 
      DOES YOUR BANK ACCOUNT CONTAIN ANY OF THE FOLLOWING TYPES OF FUNDS? 
      1. Social security; 
      2. Social security disability (SSD); 
      3. Supplemental security income (SSI); 
      4. Public assistance (welfare); 
      5. Income earned while receiving SSI or public assistance; 
      6. Veterans benefits; 
      7. Unemployment insurance; 
      8. Payments from pensions and retirement accounts; 
      9. Disability benefits; 
      10. Income earned in the last 60 days (90% of which is exempt); 
      11. Workers’ compensation benefits; 
      12. Child support; 
      13. Spousal support or maintenance (alimony); 
      14. Railroad retirement; and/or 
   
  If YES, you can claim that your money is exempt and cannot  be  taken. 
 
    To make the claim, you must 
      (a) complete the EXEMPTION CLAIM FORM attached; 
      (b)  deliver  or  mail  the  form  to  the bank with the restrained or 
    "frozen" account; and 
      (c) deliver or mail the form to the creditor or its  attorney  at  the 
    address listed on the form. 
 
 You must send the forms within 20 DAYS of the postmarked date on the     
envelope holding this notice. You  may  be  able  to  get  your  
account    released  faster  if  you  send  to the creditor or its 
attorney written proof that your money is exempt. Proof can include an 
award letter  from the government, an annual statement from your 
pension, pay stubs, copies of checks, bank records showing the last two 
months of account activity, or  other  papers showing that the money in 
your bank account is exempt. If you send the creditor's attorney proof 
that the money in your account is exempt, the attorney must release 
that money within seven  days.  You do not need an attorney to make an 
exemption claim using the form.