Debt

Garnishment and Levy of Assets in Minnesota

11.16.2013
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Garnishment and Levy of Assets in Minnesota
Under Minnesota law, a judgment debtor’s assets may be recovered by a judgment creditor through a sheriff or an attorney and used to satisfy a judgment. This includes both cash assets, such as bank accounts, and tangible property, such as vehicles or equipment.

Asset Garnishment:

Garnishment is essentially an order instructing a party to hold any property it may possess that belongs to the judgment debtor.  A garnishment can generally be used at any time after a judgment is entered.  It can also be used before a judgment is entered […]

Mechanic’s Lien Basics

What is a Mechanic’s Lien?

A mechanic’s lien is a simple, cost-effective tool that helps contractors, subcontractors, designers, and materials suppliers get paid for their work.  A lien is an ownership right in property, and a property subject to a lien generally cannot be sold or refinanced until the lien either expires or is satisfied.  The lien holder can also bring a court action to obtain a judgment based on the lien or, in some cases, an order allowing a sale of the property to pay the debt. To qualify for a lien, the materials […]