Garnishment: meaning, definitions and examples
๐ผ
garnishment
[หษกษrnษชสmษnt ]
Definition
legal process
Garnishment is a legal procedure by which a creditor can seek to collect a debt by seizing money directly from a debtor's wages or bank account. This process typically occurs after a court has issued a judgment against the debtor, allowing the creditor to take specific amounts until the debt is satisfied. Garnishment is commonly used for recovering unpaid taxes, child support, or other financial obligations. It can have significant effects on the debtor's financial situation, often causing distress and difficulties in meeting regular expenses.
Synonyms
Examples of usage
- The court approved the garnishment of his wages.
- She received a notice of garnishment from her credit card company.
- The garnishment process can be initiated after legal judgment.
- They struggled for months due to the wage garnishment.
- His bank account was subject to garnishment due to unpaid loans.
Interesting Facts
Etymology
- The word originates from the Old French term 'garnir', meaning to prepare or equip.
- The concept evolved in legal terms by the late Middle Ages, where it described preparing funds for a legal claim.
Legal Framework
- In the United States, garnishment laws vary by state, allowing debtors a portion of their earnings to remain untouched.
- Wages can typically be garnished for child support, taxes, or unpaid debts, affecting a significant number of households.
Economic Impact
- Garnishments can lead to significant financial strain on individuals, affecting their ability to pay for essentials.
- For creditors, garnishment is a tool for recouping losses, often seen as a last resort after other collection methods failed.
Cultural Perspectives
- Cultural attitudes toward garnishment may vary; in some societies, it is viewed negatively, while in others, itโs seen as a necessary means of enforcing financial responsibility.
- Literature often explores themes of debt and garnishment, highlighting personal struggles arising from financial obligations.
Historical Context
- The practice of garnishment dates back to medieval Europe, reflecting the evolution of financial laws over centuries.
- In ancient Rome, creditors could take a debtorโs property to settle debts, which eventually influenced modern garnishment laws.
Translations
Translations of the word "garnishment" in other languages:
๐ต๐น penhora
๐ฎ๐ณ เคเคฟเคฐเคตเฅ
๐ฉ๐ช Pfรคndung
๐ฎ๐ฉ penyitaan
๐บ๐ฆ ะฐัะตัั
๐ต๐ฑ zajฤcie
๐ฏ๐ต ๅทฎใๆผใ
๐ซ๐ท saisie
๐ช๐ธ embargo
๐น๐ท haciz
๐ฐ๐ท ์๋ฅ
๐ธ๐ฆ ุงูุญุฌุฒ
๐จ๐ฟ exekuce
๐ธ๐ฐ exekรบcia
๐จ๐ณ ๆฃๆผ
๐ธ๐ฎ zaseg
๐ฎ๐ธ friรฐun
๐ฐ๐ฟ าะฐะผัั
๐ฌ๐ช แแแแแแแแ
๐ฆ๐ฟ girov
๐ฒ๐ฝ embargo