Question

Trust accounts Cheques already marked “good for payment” Overdraft accounts

• A. 1 and 2 only
• B. 2 and 3 only
• C. 1, 2 and 3
• D. 1 only

Answer 1

Answer:

C. 1, 2 and 3

Trust accounts ❌ Not attachable — Funds in a trust account are held in a fiduciary capacity, not as the personal property of the judgment debtor. Hence, a garnishee order does not apply. Cheques already marked “good for payment” ❌ Not attachable — Once a cheque is marked “good for payment,” the bank has already committed to honoring it. A later garnishee order cannot stop such payment. Overdraft accounts ❌ Not attachable — In overdraft accounts, the customer owes money to the bank; there is no debtor–creditor relationship in favor of the customer, so garnishee attachment is not possible.