Forbes has published an article, “Garnishment of Non-Party LLC’s Bank Account Disallowed In McLeod”, which discusses McLeod’s new garnishments summoned to three banks for any accounts held by defendants and also his motion for entry of the charging order against Robert Bruce’s farming business. The article begins as follows:
Plaintiff, Richard McLeod, obtained a default judgment for $62,640 in the U.S. District Court for the Middle District of Georgia against defendants Robert Bruce, Mark Nichols and Clint Nichols. Seeking to be paid on his judgment, McLeod send garnishment summons to three banks for any accounts held by the defendants. McLeod also filed a motion for the entry of a charging order against Robert Bruce’s farming business, which was Robert Bruce Land & Cattle, LLC. Even without getting the charging order actually issued, McLeod attempted to levy on the LLC’s bank account at CNB, and this prompted CNB to deposit $1,000 found in the LLC’s bank account into the court registry. A later levy on the same account netted another $20,456 which was also deposited by CNB into the court registry.
Posted by Mallory Wentz, Associate Editor, Wealth Strategies Journal.
Wealth Strategies Journal 