Garnish
Term · Law · MLC-T-LAW-002276
To legally seize a portion of a debtor's assets, typically wages or bank accounts, by court order to satisfy a debt. This process involves a third party, the garnishee, who holds the debtor's property. A creditor obtains a garnishment order after securing a judgment against the debtor.
| Identifier | MLC-T-LAW-002276 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002276",
"term": "Garnish",
"field": "Law",
"definition": "To legally seize a portion of a debtor's assets, typically wages or bank accounts, by court order to satisfy a debt. This process involves a third party, the garnishee, who holds the debtor's property. A creditor obtains a garnishment order after securing a judgment against the debtor.",
"url": "https://mlchart.com/terminology/law/garnish/"
}
Record 2,184 of 5,441 in Law terminology (MLC-0107). Request the full dataset.