Last update : July 12, 2023
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What is Garnishment?

Garnishment is the legal process by which a creditor can seize funds from the wages, receivables, and/or bank accounts of an individual whom the creditor believes to be behind on a loan or other form of obligation.

This is a common way to pay off past-due debts, including unpaid taxes, defaulted student loans, alimony, child support, and various other monetary fines.

Through this action, the creditor seeks to recoup the money owed and to prevent the individual from avoiding payment. Garnishment is most commonly used with delinquent installment loans.

Garnishment is a process by which a creditor can collect money from a debtor who owes them money. This can be done by taking money out of the debtor’s bank account, or by taking money from their paycheck. Garnishment is often necessary when a debtor has failed to make payments on a debt, and the creditor wants to collect the money that is owed to them.

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