Garnishee: Key Insights into Its Legal Definition and Function

Definition & Meaning

A garnishee is an individual or entity, such as a bank, that holds property or owes money to a debtor. In legal terms, garnishment refers to a court process where a creditor seeks to collect a debt by requiring the garnishee to turn over the debtor's property or funds. This process allows creditors to access the debtor's assets that are in the possession of a third party, ensuring that debts can be settled through legal means.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A creditor obtains a court order to garnish a debtor's wages. The employer acts as the garnishee and is required to withhold a portion of the debtor's paycheck to pay the creditor.

Example 2: A bank is served with a garnishment order for a debtor's account. The bank, as the garnishee, must freeze the funds in the account until the court resolves the matter. (hypothetical example)

State-by-state differences

State Garnishment Rules
Wisconsin Follows Wis. Stat. § 812.18; garnishees must comply with court orders regarding debtor property.
California Limits the amount that can be garnished from wages to 25% of disposable income.
Texas Generally protects certain types of income and property from garnishment.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition
Garnishee A third party that holds property or owes money to a debtor.
Debtor An individual or entity that owes money to a creditor.
Creditor A person or institution that is owed money by a debtor.

What to do if this term applies to you

If you are a creditor seeking to garnish a debtor's assets, you should obtain a court order and ensure that you follow the legal procedures for garnishment. If you are a debtor facing garnishment, consider consulting with a legal professional to understand your rights and options. You can also explore US Legal Forms for templates that can assist you in managing garnishment actions.

Quick facts

  • Garnishee: A third party holding debtor's property.
  • Legal Basis: Requires a court order.
  • Commonly Involves: Wages, bank accounts, and other assets.
  • Exemptions: Certain income types may be protected from garnishment.

Key takeaways

Frequently asked questions

A garnishee is a person or entity that holds property or owes money to a debtor, which can be claimed by a creditor through legal means.