1. Money, Debt, and the Law 101 Marcy Einhorn, Esq. Pace University Small Business Development Center October 28, 2013 1 copyright Marcy Einhorn Enterprises, LLC 2013

2. What most people with debts want to know: Can they take my money? Can they freeze by bank accounts? Can they garnish my paycheck? What assets are mine no matter what? copyright Marcy Einhorn Enterprises, LLC 2013 2

3. Important terms today: Default judgments Service of process copyright Marcy Einhorn Enterprises, LLC 2013 3

4. Examples of “Consumer Debts” (a) Credit card debt (b) Medical debt (c) Student loans (d) Store cards (e) Auto loans (f) all of the above copyright Marcy Einhorn Enterprises, LLC 2013 4

5. Money, Debt, and the Law 101: Just show up The creditor has to prove their case…and you don’t have to help them do it Always “get it in writing.” Keep a copy of everything you serve on the creditor or file in court Mail a copy of all filings to the attorney for the creditor, with proof of mailing Don’t sign anything without having help from the court or an attorney copyright Marcy Einhorn Enterprises, LLC 2013 5

6. Questions? For more information, contact Marcy: 6 copyright Marcy Einhorn Enterprises, LLC 2013