N.Y. Civil Practice Law & Rules § 5034: Failure to make payment

§ 5034. Failure to make payment. If at any time following entry of

judgment, a judgment debtor fails for any reason to make a payment in a

timely fashion according to the terms of this article, the judgment

creditor may petition the court which rendered the original judgment for

an order requiring payment by the judgment debtor of the outstanding

payments in a lump sum. In calculating the amount of the lump sum

judgment, the court shall total the remaining periodic payments due and

owing to the judgment creditor, as calculated pursuant to subdivision

(e) of section five thousand thirty-one of this article, and shall not

convert these amounts to their present value. The court may also require

the payment of interest on the outstanding judgment.