garnishor

Definition of "garnishor"
  1. A creditor initiating a legal process to seize a debtor's assets held by a third party, known as a garnishee
How to use "garnishor" in a sentence
  1. Upon not receiving the money owed to him, the garnishor started proceedings to claim assets held by the debtor's employer.
  2. The bank, acting as a garnishor, began legal action to receive the debtor's funds that were currently in possession of a third party.
  3. To secure repayment of the loan, the garnishor decided to engage in legal action aiming on monies held by the debtor's relative.

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