N.Y. CVP Law § 5034
This is the official text of N.Y. CVP Law § 5034, part of New York’s CVP Law — part of the compiled statutory law of New York, published by the state as "CVP Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Failure to make payment
Official statutory text
§ 5034. Failure to make payment. If at any time following entry of\njudgment, a judgment debtor fails for any reason to make a payment in a\ntimely fashion according to the terms of this article, the judgment\ncreditor may petition the court which rendered the original judgment for\nan order requiring payment by the judgment debtor of the outstanding\npayments in a lump sum. In calculating the amount of the lump sum\njudgment, the court shall total the remaining periodic payments due and\nowing to the judgment creditor, as calculated pursuant to subdivision\n(e) of section five thousand thirty-one of this article, and shall not\nconvert these amounts to their present value. The court may also require\nthe payment of interest on the outstanding judgment.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.