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  1. #1

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    Feb 2012
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    Garnishment rules

    Jurisdiction / State: Tennessee

    From the perspective of a bank in receipt of a garnishment order - can a small balance threshhold be set under which we can reply that the garishee has no funds available. For example: the customer/garnishee has $2.21 in his account upon receipt of the garnishment - in this case it costs us more to process the garnishment than the balance (cutting a cashier's check, mailing it certified, employee time). Our usual garnishment fee is $100 (which we would not charge in this case. Is it legal for us to set a minimum amount (such as $10)- if the garnishee has under $10 on deposit - we consider this no funds?

  2. #2
    Super Moderator Samaritan & Scholar
    army judge's Avatar
    Join Date
    Nov 2009
    Pago Pago
    Thanked 1,613 Times in 1,591 Posts
    No, you must comply with the court order.
    But, you're a bank, right?
    You're could be breaching your fiduciary duty by seeking free legal non-advice.
    Talk to your bank's legal advisors.
    Don't jeopardize your business by being pound wise and penny foolish.

    Happy Chanukkah, Christmas, & New Year!

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