A wage assignment is termed legal if it fulfils the following requirements: Wage assignment should be served on a separate piece of paper and should not be a part of.
SAMPLE LETTERS The following letters in this section may be used as samples when writing to your creditors or a collection agency. Always keep a copy of any letter that you send. If there is a cc: at the bottom of a letter, you should also send a copy of the letter to that address. Letter to Creditor (for Non-Collection Proof Debtor) Letter to Collection Agency (for Non-Collection Proof Debtor) Letter to Creditor (for Collection-Proof Debtor) Letter to Collection Agency (for Collection-Proof Debtor) Letter to Revoke Wage Assignment ____________________________________________________________________________ Letter to Creditor: (for Non-Collection Proof Debtor) If you are not "collection proof," meaning you have assets that creditors can take, you can use this sample letter to tell your creditors that you can't pay them. Date Your name and Address Creditor's name and Address Re: Your account number Dear Sir or Madam, I am writing to ask that you stop contacting me about my account with [name of company]. I am not able to make payment on my account right now. The reason is that [explain why you cannot make payments right now]. I will try to take care of this debt as soon as I am able to do so, and I appreciate your cooperation in the meantime. Thank you. Sincerely, [Your signature] cc: Correspondence Branch Federal Trade Commission Washington, D.C. 20058 Letter to Collection Agency (for Non-Collection-Proof Debtors) If you are not "collection proof,” meaning you have assets that creditors can take, you can use this sample letter to tell a collection agency that you can't pay them and you do not want them to contact you any more. Date Your name and Address Debt Collection Agency name and Address Re: Your account number Dear Sir or Madam, I recently received a bill from you, a copy of which is attached. I am writing to inform you that I am not going to pay the amount billed, and that you should stop all further communication with me pursuant to the Fair Debt Collection Practices Act. I am writing to ask that you stop contacting me about my account with [name of company]. I am not able to make payment on my account right now. I will try to take care of this debt as soon as I am able to do so, and I appreciate your cooperation in the meantime. Thank you. Sincerely, [Your signature] cc: Correspondence Branch Federal Trade Commission Washington, D.C. 20058 Enclosure [Enclose a copy of the last bill with the letter.] Letter to Creditor (for Collection-Proof Debtor) If you are "collection proof," meaning that you have no assets that can be taken by your creditors, you can use this sample letter to tell your creditors that you can't pay them. See “Exemptions-What Creditors Can’t Take” on page 16 for more information. Date Your name and Address Creditor's name and Address Re: Your account number Dear Sir or Madam, I recently received a bill from you, a copy of which is attached. I am writing to tell you that I am unable to pay this debt. My income comes solely from [fill-in what applies to you: Public Aid, Social Security, pension, Unemployment Compensation, etc.]. I do not own a home or any real estate. I do not have any bank accounts. My [year, make and model] car is valued at less than $2,400.00. [Or: I do not own a car.] The value of my personal property does not exceed $4,000.00. As all my income and property are exempt under the laws of Illinois, any attempt to collect this debt will not be successful. I am sorry that I cannot pay this bill, but I hope that you will understand my situation. Sincerely, [Your signature] cc: Correspondence Branch Federal Trade Commission Washington, D.C. 20058 Enclosure [Enclose a copy of the last bill with the letter.] Letter to Collection Agency (for Collection-Proof Debtors) If you are "collection proof," meaning that you have no assets that can be taken by your creditors, you can use this sample letter to tell a collection agency that you can't pay them and you do not want them to contact you any more. See “Exemptions – What Creditors Can’t Take” on page 16 for more information. Date Your name and Address Debt Collection Agency name and Address Re: Your account number Dear Sir or Madam, I recently received a bill from you, a copy of which is attached. I am writing to tell you that I am unable to pay this debt. My income comes solely from [fill-in what applies to you: Public Aid, Social Security, pension, Unemployment Compensation, etc.]. I do not own a home or any real estate. I do not have any bank accounts. My [year, make and model] car is valued at less than $2,400.00. [Or: I do not own a car.] As all my income and property are exempt under the laws of Illinois any attempt to collect this debt will not be successful. This letter will also serve to inform you that I am not going to pay the amount billed, and that you should stop all further communication with me pursuant to the Fair Debt Collection Practices Act. Sincerely, [Your signature] cc: Correspondence Branch Federal Trade Commission Washington, D.C. 20058 Enclosure [Enclose a copy of the last bill with the letter.] Letter to Revoke Wage Assignment If you want to stop a wage assignment at any time you can use this sample letter. Remember, the letter must be sent to your creditor by certified mail, return receipt requested. A copy must also be sent to your employer. See “Stopping a Wage assignment” on page 18 for more information. Date Your name and Address Creditor's name and Address Re: Your account number Dear Sir or Madam, I hereby revoke your right to use the wage assignment I signed on [date you signed the wage assignment]. You no longer have my permission to use this wage assignment. Sincerely, [Your signature]
Letter to Revoke Wage Assignment. I hereby revoke your right to use the wage assignment I signed on.
A wage assignment is simply a direction to the borrower’s. they revoke the assignment of wages executed on. refuse to honor with a simple letter?
WAGE ASSIGNMENT REVOCATION Effective, I hereby revoke Wage Assignment Authorization now in effect. wage_assign_revocation Author: robert zanath.
How to Legally Revoke a Wage Assignment. Unlike a wage garnishment. Include in the letter the date of the original assignment.