Garnishee Question

Discussion in 'Legal Issues' started by alexm, 22nd Nov, 2019.

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  1. alexm

    alexm Well-Known Member

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    Hi all,

    A question out of curiosity...

    A recent former tenant of mine maliciously damaged one of my rentals. Took them to the tribunal and won full costs. The bond didn't cover the damages and the former tenant didn't comply with the tribunal order to pay the full damages by due date.

    Now obtained a garnishee notice which will be presented to their bank to obtain the remaining funds.

    Does this affect their future ability to obtain financing, rental properties etc? This is in NSW.

    Cheers
    Al
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Prob not
     
  3. Ted Varrick

    Ted Varrick Well-Known Member

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    Al, is this an issue for you or are you just taking a survey?

    If the bank coughs up and you get your expenses reimbursed, what is the issue with your ex-tenants credit status?
     
  4. datto

    datto Well-Known Member

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    Al, you want to inflict the maximum damage to this person. You got a garnishee, so you got a judgment order. That's got to affect their credit rating somehow.

    I once had a writ of execution against someone who banged up my commodore in a fender bender. I thought the punishment of execution was going too far but nonetheless I paid the sheriffs office the prescribed fee and I thought he was going to bump the other fella off.

    Little did I know the sheriff was merely going to seize some assets. Heck, the other fella lived in a houso In the Druitt and owned jack squatt. Lesson learned.
     
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  5. Scott No Mates

    Scott No Mates Well-Known Member

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    If you are going to have someone executed don't get the sheriff to do it. I thought that would work in the wild west too. :oops:
     
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  6. datto

    datto Well-Known Member

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    I thought Mt Druitt was the Wild West ?

    It's wild and it's west.
     
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  7. alexm

    alexm Well-Known Member

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    It's more curiosity regarding the impact of a garnishee. All I want is the court agreed reimbursement of the damages.
     
  8. shorty

    shorty Well-Known Member

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    Are you concerned about unintended negative consequences for the tenant? If so, you're quite the humanitarian.
     
  9. alexm

    alexm Well-Known Member

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    These former tenants are vermin. I won't detail their actions & behaviour here. Hoping karma is legally created.
     
  10. Ted Varrick

    Ted Varrick Well-Known Member

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    Fair enough, but you mentioned you were concerned about whether it might affect their future ability to obtain financing, rental properties etc.

    I would suggest that should they win a Powerball next week, probably not, but if they haven't benefited from a copy of the Barefoot Investor (I have no affiliation with Scott Pape, the author, and his buckets) then maybe they might experience what could be later regarded as a poor financial experience due to decisions that hindsight might judge as "improvement required".

    How's that?
     
  11. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    If they havent got an income or any identifiable assets of value then a court cant enforce it easily. eg Centrelink benefits cant be garnisheed etc Court orders can be of no value