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What does being a garnishee mean?

Wage Garnishment Terms The garnishee is the person holding the property (money) of the debtor. An employer may be a garnishee because the employer holds wages to be paid to an employee (who is a debtor).

What is exempt from garnishment in Virginia?

Homestead exemption of $5,000, or $10,000 if the debtor is 65 years of age or older, in cash, and, in addition, real or personal property used as the principal residence of the householder or the householders dependents not exceeding $25,000 in value ( 34-4, Code of Virginia).

What is a garnishment summons in Virginia?

A garnishment is the legal action which your employees creditor may use to claim funds that you, the employer, owe to the employee (salary or hourly wages, for example). The summons is a warning not to transfer those funds to the employee.

What do you mean by garnished?

Garnishment, or wage garnishment, is when money is legally withheld from your paycheck and sent to another party. It refers to a legal process that instructs a third party to deduct payments directly from a debtors wage or bank account. Typically, the third party is the debtors employer and is known as the garnishee.

How do you beat a garnishment in Virginia?

Under Virginia law, there are only a few ways to stop a garnishment. You could make a lump-sum payment to pay off the judgment or allow the garnishment to continue until the judgment is fully paid. Though this can cause you to fall behind on other debts. In this case, bankruptcy may be your best solution.

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