garnishment

garnishment
garnishment
A legal process whereby a debt owed by a third person (garnishee) to a judgment debtor, or property of a judgment debtor held by that third person garnishee, is attached by a creditor toward satisfaction of the obligation or debt owed by the judgment debtor to the judgment creditor. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

garnishment
A legal process whereby a debt owed by a third person (garnishee) to a judgment debtor, or property of a judgment debtor held by that third person garnishee, is attached by a creditor toward satisfaction of the obligation or debt owed by the judgment debtor to the judgment creditor.

US Bankruptcy 2012.


Glossary of Bankruptcy.

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  • garnishment — gar·nish·ment / gär nish mənt/ n: a remedial device used by a creditor to have property of the debtor or money owed to the debtor that is in the possession of a third party attached to pay the debt to the creditor; specif: attachment of the… …   Law dictionary

  • Garnishment — Gar nish*ment, n. [Cf. OF. garnissement protection, guarantee, warning.] 1. Ornament; embellishment; decoration. Sir H. Wotton. [1913 Webster] 2. (Law) (a) Warning, or legal notice, to one to appear and give information to the court on any matter …   The Collaborative International Dictionary of English

  • garnishment — 1520s, from GARNISH (Cf. garnish) + MENT (Cf. ment) …   Etymology dictionary

  • garnishment — [gär′nish mənt] n. 1. a decoration; embellishment 2. Law a proceeding by which a creditor plaintiff seeks to attach money or property in the possession of a third party in order to satisfy a debt owed by the defendant …   English World dictionary

  • Garnishment — A garnishment is a means of collecting a monetary judgment against a defendant by ordering a third party (the garnishee) to pay money, otherwise owed to the defendant, directly to the plaintiff. United States Wage garnishment Wage garnishment,… …   Wikipedia

  • garnishment — /gahr nish meuhnt/, n. 1. Law. a. a warning, served on a third party to hold, subject to the court s direction, money or property belonging to a debtor who is being sued by a creditor. b. a summons to a third party to appear in litigation pending …   Universalium

  • garnishment — garnishee gar‧ni‧shee 1 [ˌgɑːnɪˈʆiː ǁ ˌgɑːr ] also gar‧nish [ˈgɑːnɪʆ ǁ ˈgɑːr ] verb [transitive] LAW if a court of law garnishees someone s money or property, it orders an organization holding it, for example a bank or an employer, to send it to… …   Financial and business terms

  • garnishment — A proceeding whereby a plaintiff creditor, i.e., garnishor, seeks to subject to his or her claim the property or money of a third party, i.e., garnishee, owed by such party to defendant debtor, i.e., principal defendant. Van Maanen v. Van Maanen …   Black's law dictionary

  • garnishment — A proceeding whereby a plaintiff creditor, i.e., garnishor, seeks to subject to his or her claim the property or money of a third party, i.e., garnishee, owed by such party to defendant debtor, i.e., principal defendant. Van Maanen v. Van Maanen …   Black's law dictionary

  • garnishment — Trustee Trus*tee , n. (Law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person… …   The Collaborative International Dictionary of English

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