Bank Garnishment

Bank garnishment is a legal procedure where a creditor, such as a debt collector or government agency, obtains court approval to take money directly from your bank account to satisfy a debt you owe. Once authorized, the bank freezes or deducts a specified amount from your account without prior notice, redirecting it to the creditor. This process helps creditors recover unpaid debts efficiently but is typically preceded by legal action and proper notification. It does not automatically mean all your funds are taken; protected amounts may vary depending on laws and exemptions.