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Garnishee Notice - Cross Roads Insolvency
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Garnishee Notice

Garnishee notices can be issued by creditors, but are more regularly used by the ATO as a way to collect outstanding tax debts.

 

When the ATO or a creditor is owed money, they can apply for a garnishee order to be made to retrieve their debt. A garnishee is usually sent to the debtor’s bank, employer, or a third party who owes the debtor company money and may result in the bank account being emptied, wages or other paid entitlements being paid directly to the creditor or moneys owed to the debtor company being paid to the creditor until such time as the judgement debt is paid in full.