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Garnishment. Garnishment is a legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff (the "garnishor") to take the money or property of the debtor from the person or institution that holds that property (the "garnishee"). [ 1] A similar legal mechanism called execution allows ...
Garnish (cooking) A gyro sandwich garnished with mint leaves. A garnish is an item or substance used as a decoration or embellishment accompanying a prepared food dish or drink. [ 1] In many cases, it may give added or contrasting flavor. Some garnishes are selected mainly to augment the visual impact of the plate, while others are selected ...
Garnishment is a court ordered withholding from wages to pay a debt. Wages and salaries are typically paid directly to an employee in the form of cash or in a cash equivalent, such as by cheque or by direct deposit into the employee's bank account or an account directed by the employee.
Private student loan wage garnishment. Private student loans generally go into default after three months of missed payments, though this can vary. Unlike federal student loans, a loan lender must ...
In terms of court-ordered child support or alimony: The Consumer Credit Protection Act (CCPA) allows garnishment of up to 50% of your benefits if you are supporting a spouse or child apart from ...
Garnishment action ceases as long as you continue making the payments outlined in the plan. Bottom line. Unless you have debt for child support, taxes or federal student loans, a creditor isn’t ...
t. e. A tax levy under United States federal law is an administrative action by the Internal Revenue Service (IRS) under statutory authority, generally without going to court, to seize property to satisfy a tax liability. The levy "includes the power of distraint and seizure by any means". [1] The general rule is that no court permission is ...
If you collect Social Security, some of your payments are subject to the same garnishment rules that apply to other types of income.This means your benefits can be withheld to enforce your legal ...