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garnishee

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Garnishee
A person from whom a portion of his/her full salary or wages is withheld, especially in order to pay a creditor or the tax agency. For example, suppose one's regular paycheck is $1,500. A garnishee may receive a check for only $1,050 because the government is withholding $450 for taxes. Garnishment may also occur for other reasons, such as to pay child support, back taxes, or some debts.
garnishee
A party who owes money or holds property belonging to the judgment debtor.
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This will allow the board to obtain a judicial order, which will further permit them garnishee assets.
Five Ways of Dealing with Miami Condos Delinquents by Mark Michael Ferrer / Real estate industry community
The money owing to the debtor is "seized" by serving a garnishee summons on the third party.
You can't always get what you want: debt collection is best served by ... by Putland-Wiebe, Jocelyn / SaskBusiness
She also noted that "because attorneys and their trust accounts are subject to the same provisions of the garnishment statute as any other bank or nonbank garnishee, we cannot discern a principled basis for holding that funds located in an attorney's trust account warrant any greater protection from creditors than funds located in the client's personal account.
Lawyers are responsible for trust funds up until the check clears by Florida Bar News
 
 
 
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