Garnishment of Bank Account Subject To Priority Creditor Lien
Here’s an interesting question about bank garnishments submitted by a Florida attorney. He wants to know whether a judgment creditor can garnish a bank account or other debt where the debtor is subject to a priority lien such as an IRS lien.
Can the junior garnishment force the bank to liquidate the account, pay the priority debt, and then turn over to the garnishing creditor the balance of money in the account, or does the priority creditor cause the junior creditor’s garnishment writ to be dissolved?
About the Author
Jon Alper is an expert in asset protection planning for individuals and small businesses.
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