Judgment Debtor

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August 31, 2024 4 min read Definitions
Third-Party Debt Order: An Essential Legal Instrument for Creditors
Law Finance Government Regulations Third-Party Debt Order Garnishee Order Judgment Debtor Creditor Debt Recovery
A Third-Party Debt Order is a court-issued directive that instructs a third party, often a bank, to refrain from disbursing funds to a judgment debtor and to instead pay a specified amount to the creditor or the court. Previously known as a garnishee order, it serves as a vital tool in debt recovery.
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