Difference between revisions of "Garnishment"
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For example, garnishment is used by a [[judgment-creditor]] to make a claim to moneys of a judgment-debtor in a bank. | For example, garnishment is used by a [[judgment-creditor]] to make a claim to moneys of a judgment-debtor in a bank. | ||
| − | As a remedy, it is considered | + | As a remedy, it is considered harsh. Some states, by constitutional law, provide that garnishment of wages for consumer debt is illegal. Texas provides as much by Article 49 of its Constitution. However, even in those states [[wage garnishment]] is permitted for child support, government-backed student loans, and certain federal taxes." |
| + | == See also == | ||
| + | |||
| + | [[wage garnishment]] | ||
[[Category:Legal terms]] | [[Category:Legal terms]] | ||
Revision as of 16:50, November 14, 2007
Garnishment is a method of seizing assets of a judgment-debtor, which are in the hands of a third party.
For example, garnishment is used by a judgment-creditor to make a claim to moneys of a judgment-debtor in a bank.
As a remedy, it is considered harsh. Some states, by constitutional law, provide that garnishment of wages for consumer debt is illegal. Texas provides as much by Article 49 of its Constitution. However, even in those states wage garnishment is permitted for child support, government-backed student loans, and certain federal taxes."