Help with Tremont Financial Wage Garnishment Letter

Date: Wed, 12/27/2006 - 09:58

Submitted by rmalcolm
on Wed, 12/27/2006 - 09:58

Posts: 46 Credits: [Donate]

Total Replies: 3

First and foremost - I hope everyone had a fabulous holiday! Tremont Financial sent me a copy of a letter sent to my payroll department stating they are requesting assistance regarding the consent to assignment of wages clause contained within the note and disclosure agreement signed by me. My company did not honor their request for a voluntary wage assignment and they required a court judgement to initiate a garnishment of wages for me. They stated that they will be filing a claim against me in Minnehaha County Court within the next several weeks. They now state that I will owe them $642 which includes attorney fees. What do I do now? What are the legal binding laws regarding a wage garnishment from a PDL company for a $300 loan? Thank you.

The company has to file a case in the court to be able to garnis

The company has to file a case in the court to be able to garnish your wages. Check whether the company is licensed in your state. If they are doing business without a license, be sure they will not take you to the court because you can ask the judge if the pdl is doing business in your state with a valid license. Keep this point to defend yourself if you go to the court and if the company is not licensed in your state.

Do you have a written contract with Tremont Financial? Does it mention about wage assignment if you default? Wage assignments are completely voluntary and can be revoked anytime. Court papers are not required for this action. All you have to do is send a revocation letter and legally stop them from doing any wage assignment. Send the letter through certified mail with return receipt requested so that you are able to prove all your actions. Send one copy to your payroll dept also.

Once this is done, Tremont Financial cannot do wage assignment. If they try it, you can take actions against them for doing illegal activity.

Check the laws of your state. You are liable to pay the interests and fees mentioned in your state. Go through your bank statement and find out how much you have paid till now. If there is an outstanding balance, call them and get your arrangements done.

lrhall41

Submitted by mcranberra on Wed, 12/27/2006 - 11:34

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They are not licensed in my state to do business. I did do the

They are not licensed in my state to do business. I did do the wage assignment revocation back in November and provided a copy of the letter along with the certified mail receipt. Yes, I owe them and have sent them correspondence to work out the debt - however, they are not accepting any payments arrangement from me - nor will they accept my call. I will never do this again - ever!

lrhall41

Submitted by on Wed, 12/27/2006 - 13:53

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If they are not licensed they should not be able to get a judgem

If they are not licensed they should not be able to get a judgement.

This is a ploy to try and get the money..I'm an HR rep..It takes a lot of extra time and paperwork to file a writ of garnishment, no payroll person in the world wants to do it. The company knows this, and they think they can fool your payroll dept into honoring the assignment since they are supposedly going to garnish you anyway, and an assignment is less work..Make sense? Any questions, feel free to pm me.

lrhall41

Submitted by finsfan13 on Wed, 12/27/2006 - 16:23

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