United States v. TDC Mgmt. Corp.

by
The Government sought to recover a $1.3 million judgment debt pursuant to the Federal Debt Collect Procedures Act (FDCPA), 28 U.S.C. 3001 et seq., by garnishing funds owed to WDG, a company T. Conrad Monts and his wife owned as tenants by the entireties. The court reversed the district court's holding that Monts had a sufficient property interest in WDG’s assets to permit garnishing them under the FDCPA in satisfaction of his debts. The court remanded for the district court to evaluate the Government’s alternative argument that it may garnish WDG’s assets by piercing the corporate veil between WDG and Monts. View "United States v. TDC Mgmt. Corp." on Justia Law