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garnishment |
Also found in: Legal, Financial, Wikipedia | 0.07 sec. |
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garnishment, in law, means of requiring a third party who holds a debt debt, obligation in services, money, or goods owed by one party, the debtor, to another, the creditor. When contested, debts are collected by a civil suit upon which the judge renders a judgment, and an execution is levied on the debtor's property. ..... Click the link for more information. (including wages) due a defendant to retain the property temporarily. The garnishment consists of a warning, in the form of a judgment judgment, decision of a court of law respecting the issues before it. The term ordinarily is not applied to the decree (order) of courts of equity . The outstanding characteristic of a legal judgment, in contrast to an equitable decree, is its finality and fixity; ..... Click the link for more information. , to the third party, called the garnishee, not to deliver the goods or money due to the defendant, but to hold them in trust trust, in law, arrangement whereby property legally owned by one person is administered for the benefit of another. Three parties are ordinarily needed for the relation to arise: the settlor, who bequeaths or deeds the property for another's benefit; the trustee, in ..... Click the link for more information. pending the outcome of the plaintiff's suit. This provisional remedy guarantees the plaintiff at least some recovery if he wins the case. garnishmentIn law, attachment of a debtor's wages to satisfy a judgment. Under a garnishment order, the court requires the employer to deduct and pay to the creditor a percentage of the debtor's salary until the debt is satisfied. As legal redress, the practice can be traced to Roman law. See also debtor and creditor. |
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? Mentioned in | ? References in periodicals archive | |
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Raymond Ramirez was charged with failing to deduct some $4,000 from wages paid to Richard Hernandez during a 12-month period ending April 1, but prosecutors said Ramirez had ignored three wage assignment orders for Hernandez since May 1993. The complaint can cover only 12 months, ending April 1 of this year, but prosecutors said Ramirez has ignored three wage assignment orders for Hernandez since May 1993. |
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