Garnishments are similar to Bank Levies in several aspects. The file is opened with the Sheriff and give a Levy File Number. Then the Employer and debtor are at the business location. The final step of the process serving part of the Garnishment is closing the file with the Sheriff with 5 Court days. The employer has to return their paperwork to the Sherff within 15 days. Once the Sheriff recieves the written forms back from the Employer, they will recalculate interest and determine how much money the Employer needs to take the debtor's check each pay period. It can be up to 25%. The Garnishment will stay in place until the judgment has been satisfied or the debtor stops working there.
Wage Garnishments vs. Bank Levies
You might be wondering what the difference between Bank Levies & Wage Garnishments are? The main difference is that the Garnishment is an on going process while the Levy is a one time action. With a Wage Garnishment, the Sheriff charges a $12.00 assesssment fee to the debtor each time their check is garnished and the process will continue until the judgment is paid off or they quit working there. A Bank Levy, on the other hand will only happen one time and then the procudure is completed. Also, with a Wage Garnishment, the Employer has 15 days to submit their paperwork back to Sheriff. On the other hand, wiith a Bank Levy, the Bank has 10 days to return their written response to the Levying Officer.
Alternate Methods of Collection
In the event that a Bank Levy or Wage Garnishment cannot be use, we may be able to suggest other techniques to help you collect on your judgment. We can assess your situation after we have all the details.