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Understanding Garnishments & Levies

Understanding Garnishments & Levies


Who Should Participate

Tellers, lenders, personal bankers, operations personnel, and managers.

Make your attendance count towards your continuing professional education credits! The MBA will provide a certificate of attendance that you may submit to the appropriate advisory board.




The emphasis of this course is on various non-cash-flow analytical techniques. The first portion of the course covers the definition, calculation and interpretation of standard financial ratios. The second portion of the course explains such analytical techniques as trend analysis, common size statements and pro forma statements.

This seminar is designed to answer the “how-to’s” of garnishments and levies. It will provide attendees with methods of protecting your bank’s interest when responding to these documents. Once you know how to respond correctly and promptly, you will alleviate serious problems in paperwork and customer service. It is the intent of the program to give detailed information to successfully handle these matters.

Topics include:

  • Overview of laws: attachment, garnishment, execution, and tax liens and levies
  • Procedure for handling garnishments, writs and levies
    • Forms
    • Deadlines
    • How to handle objections
  • Priority
  • Special cases: safe deposit boxes, confidentiality, custodial accounts, and multiparty accounts
At the end of the seminar there will be a Q & A session on garnishments and levies with the instructor and the MBA’s Associate Counsel.  Come prepared with questions to ask!


Sam Sigelman, Principal at Gray Plant Moody, focuses his practice in banking and lending issues, including work outs, litigation, and receiverships. He has obtained multimillion-dollar awards for clients, both at trial and by summary judgment. Sam is the former president of the Hamline University School of Law Alumni Board and regularly lectures on receiverships and lending litigation issues and was a member of the drafting committee that drafted Minnesota's comprehensive receivership statute that became law in 2012. In addition, he has taught Payment Systems at the Hamline University School of Law.

Michael Thro is MBA’s Associate Counsel and is responsible for consulting member banks on compliance, legal, and regulatory issues surrounding the financial services industry. He graduated cum laude from Hamline University School of Law. Mr. Thro was also a Presidential Scholar and a member of the Hamline Law Review. Mr. Thro received a B.A. from Hamline University.

Registration Fee (This fee includes materials, lunch and refreshments)

Member: $195.00
Qualified Non-Member $390.00

Note:  You will be given the option to pay by credit card or to invoice your company during the checkout process.

Dates & Times

May 20, 2020
Check in: 8:15 AM
Program: 8:30 AM - 12:30 PM


Minnesota Bankers Association
8050 Washington Avenue South
Eden Prairie, MN  55344
Click here for directions


Lodging arrangements can be made at: Hyatt Place, Eden Prairie. Click here to make an online reservation, or call 952-944-9700 - dial “0” for the front desk, (Ask for the Minnesota Bankers Association rate of $148.00, plus tax)

Cancellation Policy

The MBA reserves the right to cancel programs due to insufficient enrollment, instructor illness, or other reasons. Participants wishing to cancel must inform the MBA in writing prior to the event. Send cancellation notices to A cancellation fee of 25% of the program cost will be charged for withdrawing, or you may send a substitute. The full program fee will be charged for withdrawing after the event has taken place or a no-show. 

Special Needs

If you have a disability that may affect your participation in this program - or any dietary issues - please send a statement regarding any special needs to at least two weeks prior to the program. We will contact you to discuss accommodations.
5/20/2020 8:30 AM - 12:30 PM
Minnesota Banker Association 8050 Washington Avenue South Eden Prairie, MN 55344

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