Home Table of Contents

§ 15-605. Duties of judgment creditor

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 15. Debt Collection--Special Provisions
Subtitle 6. Attachment of Wages (Refs & Annos)
MD Code, Commercial Law, § 15-605
§ 15-605. Duties of judgment creditor
(a) Within 15 days after the end of each month, the judgment creditor shall furnish the employer/garnishee and the judgment debtor a written statement showing all payments that were credited to the account of the judgment debtor during that month. However, this subsection shall not apply if no payments were received by the judgment creditor during that month.
(b) The judgment creditor shall within 15 days after the satisfaction of the judgment, interest, and costs notify in writing the employer/garnishee and the clerk of the court of the satisfaction.
(c) All payments received by a judgment creditor shall be credited first against the accrued interest on the unpaid balance of the judgment, if any, second upon the principal amount of the judgment, and third upon those attorney's fees and costs actually assessed in the cause.
(d) If the judgment creditor fails to comply with the obligations imposed by this section, then the court may set aside the attachment and order the judgment creditor to pay reasonable attorney's fees and costs of the party seeking to set aside the attachment.

Credits

Added by Acts 1978, c. 452, § 1, eff. July 1, 1978. Amended by Acts 1999, c. 623, § 1, eff. Oct. 1, 1999.
MD Code, Commercial Law, § 15-605, MD COML § 15-605
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document