Garnishment
Garnishment is a legal process where a court orders a third party to withhold a portion of a person's earnings or bank account funds to pay off a debt. For example, if someone owes money and doesn't pay, a creditor can seek a garnishment order to direct the employer to deduct a specific amount from the debtor's paycheck. This ensures that the creditor receives payment directly from the income or funds held by the third party, helping to settle the unpaid debt while still allowing the debtor to keep a portion of their earnings for living expenses.
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Garnishment is a legal process where a creditor can collect money directly from a debtor's wages or bank account to satisfy a debt. When a court orders garnishment, a portion of the debtor's income is withheld by the employer and sent to the creditor. This typically occurs after a creditor has obtained a judgment confirming the debtor owes money and has failed to pay. Garnishment helps creditors recover debts while providing protection for a minimum amount of income that remains with the debtor for living expenses.