Define: Garnishee Order

Garnishee Order
Garnishee Order
Quick Summary of Garnishee Order

A court order instructing a garnishee (a bank) that funds held on behalf of a debtor (the judgement debtor) should not be released until directed by the court. The order may also instruct the bank to pay a given sum to the judgement creditor (the person to whom a debt is owed by the judgement debtor) from these funds.

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This glossary post was last updated: 29th March 2024.

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