Garnishee: Canada Debt .ca defines Garnishee

Bankruptcy Term Garnishee

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Canada Debt has the definition to the bankruptcy and debt term Garnishee. Finding answers to terms such as Garnishee can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Garnishee in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Garnishee' is used as follows:

The seizure of property, monies, earnings, receivables belonging to a debtor that are in the hands of a third party.