HB 772Judgements-Exemptions for Execution SUPPORT 2025

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Impunity, then, is the freedom from punishment or pain.
In New York, a judgment lien can be attached to the debtors real estate -- meaning a house, condo, land, or similar kind of property interest. In addition, New York allows judgment liens on the debtors personal property -- things like jewelry, art, antiques, and other valuables.
In particular, the exemption can refer to a privilege allowing a judgment debtor to retain certain property from being taken in execution, bankruptcy , or other procedures.
An exemption is the condition whereby a rule doesnt apply to you. It pertains to the scope of the rule, not its enforcement. An exception is a deviation from a rule that does apply to you, it isnt about scope, its about administration.
Learn about property that is exempt from the execution process, meaning that a judgment creditor cant take it from the judgment debtor to pay a civil judgment.

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Either way, exemption clauses are emergency clauses meant to outline what happens to each party when it all goes wrong. Exemption clauses accomplish this purpose in several ways. Exclusion clauses eliminate a partys liability for categories of damages or use.

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