The Truth and Law about "Voluntary Wage Assignments&

Wow! Thanks for that info...you have a very calculated process and it blows my mind that the PDL's just send in a piece of paper without any of these steps.

Another thing you can see from the example DebtCruncher posted - It says Wage Assignment in HUGE letters. Most state's that allow wage assignments specify in their laws that the words wage assignment must be in a certain size type, so that it can be easily seen and jump off the page. That way there is no "mistaking" what they are signing.

Thank you for posting this. I have learned so much and it has eased my fears a little. This is such good information for many of us.

Thank you so much for all the info. I am sure it will help a lot of members. It may be a good idea for some to print it out, so if they need to show it to their empoyer at any time it is readily available,

Yeah, educating the employer can very well be the hardest part of dealing with a wage assignment.

If you are dealing with a wage assignment, also check your state law. Many state's have prohibited wage assignments.

Debtcruncher,
Thanks again for this information. This is excellent information and frankly, I never thought that any company besides an IPDL would use one, but I certainly stand corrected here. And yes, I can see where you would have tried every option before going this route--unlike a PDL, which would be shady, as we know.
I only asked you about repos because I thought you said you only made auto loans, but I also stand corrected!

Does anyone have a sample of a wage assignment letter? Not a revocation, but the letter of assignment. And are they legal in texas. Thanks.

email removed for your protection - Goudah

In Florida wage assignments are illegal but one employer honored one anyway even after being shown the law. Florida has no State Dept. of Labor and the Feds would no get involved with state law so the empoyee was SOL. (I don't mean satute of limitations)

My experience with a wage assignment...about two years ago a IPDL sent a letter to my HR dept. The head of payroll called me and told me of the letter...I had not revoked it..I had never signed one. But she told me she would not honor any wage deductions of any kind unless initiated by me or a court order.

Interesting thread.

I definitely appreciate this thread, NOW I understand the concept and legalities of wage assignment. THANKS!!