Bradley A. Muhs of Trenam Law. Courtesy photo Windows of Opportunity, or of Peril? The Duties of a Garnishee Bank
The post-judgment writ of garnishment directed at a judgment debtor's bank accounts is a tool commonly used by judgment creditors to collect on their judgments. As soon as a bank is served with a writ of garnishment, a window opens.
March 30, 2022 at 09:35 AM
7 minute read
The post-judgment writ of garnishment directed at a judgment debtor's bank accounts is a tool commonly used by judgment creditors to collect on their judgments. As soon as a bank is served with a writ of garnishment, a window opens. The importance of knowing what comes next cannot be overstated. As discussed below, service of the writ immediately imposes several obligations on the garnishee bank, which, if left unaddressed, could result in massive liability for the bank.
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