Meaning of “garnish”

What’s the meaning of garnish in this context?

What’s the point of a bank account when you’re constantly behind on every bill you owe?

Creditors can’t garnish what’s not on paper.

From Thefreedictionary.com:

Law

a. to serve with notice of proceedings; warn

b. Obsolete to summon to proceedings already in progress

c. to attach (a debt)

Slang

a. to extort money from

Which definition is more appropriate?

Answer

c. to attach (a debt)

It means to extract payment by appealing to legal authorities.
In this context creditors can’t get your assets if your assets exist outside the “standard” channels.

Attribution
Source : Link , Question Author : Theo , Answer Author : Bob

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