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Garnishee |
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An individual who holds money or property that belongs to a debtor subject to an attachment proceeding by a creditor. For example, when an individual owes money but has for a source of income only a salary, a creditor might initiate Garnishment proceedings. If the creditor is successful, a certain portion of the debtor's salary will be automatically sent to the creditor from each paycheck. In such case, the debtor's employer is the garnishee. garnishee n. a person or entity, quite often a bank or employer, which receives a court order to not release funds held for or owed to a customer or employee, pending further order of the court. (See: garnish, garnishment) GARNISHEE, practice. A person who has money or property in his possession,
belonging to a defendant, which money or property has been attached in his
hands, and he has had notice of such attachment; he is so called because he
has had warning or notice of the attachment.
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? References in periodicals archive |
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law firm has asked a state court to order the Christian Coalition to pay an overdue bill and garnishee the group's assets if necessary. He had even left a decent job as an Army recruiter, Baker says, because Uncle Sam was about to garnishee his pay for child support. 1040), declines in phone answering to abysmal 50 percent connect rates, and delays and losses in attempted collection of delinquent receivables - all of which yield negative effects, including taxpayer irritation, garnishees, and foreclosures. |
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