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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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As the school's financial difficulties escalated, he garnisheed bank accounts and paid school employees with money orders. parent-run schools in the trust of the Christian Brothers are now in danger of being garnisheed. According to Garcia, his pension is being garnisheed to pay for benefits related to wartime injuries. |
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