What is the remedy of garnishment primarily used for?

The remedy of garnishment is primarily used for recovering debts through legal attachment of funds. This legal process allows a creditor to obtain a court order that directs a third party, usually an employer or a financial institution, to withhold a certain amount of money from the debtor's wages or bank account to satisfy a debt. This mechanism ensures that the creditor can recover owed funds directly from the source of income or from funds held in a financial institution, offering a straightforward way to enforce monetary judgments.

This process is vital in situations where traditional methods of debt collection may not be effective. It helps ensure that creditors can secure payment even when debtors may be resistant to making payments voluntarily. The legal framework surrounding garnishment also provides protections for debtors, setting limits on how much can be garnished and ensuring that they retain sufficient income for their living expenses.

In contrast, options related to loan refunds, preventing new loans, or transferring debts to collections do not accurately describe the primary purpose of garnishment, which centers on the direct legal recovery of existing debts through attachment of funds.