Effective January 1, 2022, the jurisdictional limit of the New York civil courts will increase from $25,000 to $50,000. On its face, the availability of a lower-cost court to adjudicate claims which fall within the $25,000 to $50,000 sounds appealing. The cost outlay is significantly lower in the civil court compared to the supreme court.Continue reading “Is the Increase in the Monetary Limit in the Civil Courts Good for Creditors for collection agencies?”