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"). … A legal proceeding in which a plaintiff seeks the satisfaction of a debt by obtaining a judgment that directs a third party in possession of the property of the defendant to make it available to satisfy the judgment. But if your disposable earnings are greater than $217.50 but less than $290 (which is the minimum wage times 40, in this case), then your employer can garnish $72.50. Look it up now! “Garnishment fee” means any service or legal processing fee, charged by a financial institution to an account holder, for processing a garnishment order or any associated withholding or release of funds. A similar legal mechanism called execution allows the … ment (gär′nÄ­sh-mənt) n. 1. Opportunity Financial, LLC is committed to making our … How to use garnishment in a sentence. Garnishment definition is - ornament, garnish. For example, suppose one's regular paycheck would be $1500. Wage garnishment is usually the result of a court judgment. “Garnish” or “garnishment” means execution, levy, attachment, garnishment, or other legal process. A court order directing a third party to make such property available. Wage garnishment lets creditors get repayment directly from your paycheck or bank account. Garnishment The withholding of a person's full salary or wages, especially in order to pay a creditor or the tax agency. Garnishment definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. b. garnish. Garnishment may also … Garnishment occurs when the person receives a check for only $1050 because the government is withholding $450 for taxes. v. to obtain a court order directing a party holding funds (such as a bank) or about to pay wages (such as an employer) to an alleged debtor to set that money aside until the court determines (decides) how much the debtor owes to the creditor. Law a. Definition: A garnishment is a legal requirement to allocate money, usually placed on wages, or property to a deserving third party based on a court order or legal action that has been taken by the third party.Garnishments are typically applied to earnings paid by an employer, in which the garnishment is directly withdrawn from the … Definition of Wage Garnishment, a legal action to draw money directly from your paychecks in order to pay your debts to lenders. 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