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"________ is a proceeding by which a plaintiff seeks to reach the assets of the defendant that are in the hands of a third party.

A. Execution.
B. Levy.
C. Garnishment.
D. Foreclosure."

User Breandan
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1 Answer

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Final answer:

Garnishment is the correct answer, where a plaintiff seeks to reach the assets of a defendant that are in the hands of a third party. It allows creditors to collect debts from either wages or other assets held by third parties like banks.

Step-by-step explanation:

Garnishment is a proceeding by which a plaintiff seeks to reach the assets of the defendant that are in the hands of a third party. Therefore, the correct answer to the provided question is C. Garnishment.

Garnishment is a legal mechanism used by creditors to collect debts from a debtor's wages or other assets that might be held by a third party such as a bank. Examples of garnishment include the seizure of funds from a debtor's bank account or withholding a portion of a debtor's wages to satisfy a debt owed to a creditor.

This legal process ensures that creditors have a method to collect what is legally owed to them and is governed by both federal and state laws, which outline the procedures and protections for both debtors and creditors.

User Robert Taylor
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