When a creditor of your supplier, client or business partner serves a third-party attachment on you, you become the garnishee and must complete a garnishee’s statement. That may sound like administrative routine, but it is anything but. The garnishee’s statement is a legally important document. You must truthfully and fully state whether — and which — funds or assets you still owe to the debtor who is subject to the attachment.
Why does this matter? Because an incorrect or incomplete statement can have serious consequences. If you do not complete the statement correctly, a court may hold you directly liable for the debtor’s obligation. That means you could be required to pay the creditor the debtor’s full debt — even though you are not the debtor yourself.
In short: do not fill it in lightly. Check the figures, be complete, and make sure the statement is accurate. That way you avoid the risk of unintentionally footing someone else’s bill.
If you are unsure when completing a garnishee’s statement, please contact us — we will guide you step by step.
