Bank Garnishment

A bank garnishment is a legal method a creditor uses to collect the money you owe them.  Generally this follows a lawsuit to collect the debt.  Once the court has determined that the debt is owed, the creditor has a legal remedy to collect the debt by ordering your bank to freeze all your assets and turning them over to the court.  Currently in Ohio, an individual can protect $425.00 from being garnished from his or her bank account.

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