Highlight In Legal Maryland Garnishment Forms For Free

Rule 3-643 - Release of Property from Levy (a) Upon Satisfaction of Judgment. Property is released from a levy when the judgment has been entered as satisfied and the costs of the enforcement proceedings have been paid.

If you did not request an exemption or none of the exemptions apply to some or all of your money, the judgment creditor may request Judgment Garnishment (DC-CV-062). This means that the court will direct the bank to give the money up to the judgment amount to the judgment creditor.

Garnishment is a proceeding by a creditor to collect a debt by taking the property or assets of a debtor. Any person or business can be subject to garnishment. The person who starts the process is called the judgment creditor or plaintiff; the person who owes the creditor is the judgment debtor or defendant.

Once the waiting period passes, there are three different ways you can collect on the judgment: Garnishing the other person's wages; Garnishing the other person's bank account; or. Seizing the other person's personal property or real estate.

Maryland is a consumer-friendly state. The statute of limitations allows a creditor three years to collect on debts. That's a shorter timeframe than many states. There also are limits on how long a debt collector has to collect on a debt.

You may be entitled to claim an exemption of all or part of your money or property, but in order to do so you must file a motion with the court as soon as possible. If you do not file a motion within 30 days of when the garnishee was served, your property may be turned over to the judgment creditor.