Form Assignment Accounts For Students In Michigan
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FAQ
A wage assignment is a voluntary agreement between the employee and creditor where an amount is withheld from the employee's paycheck to satisfy a debt owed to a third-party recipient, whereas under a wage garnishment, the amount withheld from the employee's check is typically obtained through a court order initiated ...
You can stop the wage assignment by filling out the enclosed Revocation Notice Form, or by writing a letter stating that you are revoking the wage assignment. Send the Revocation Notice Form or letter by registered or certified mail to the creditor, at the address listed above.
Wage assignments are governed by state law and do not involve a court order. Since they are voluntary and the employee specifies the amount to withhold, they do not fall under the requirements of the Federal Consumer Credit Protection Act.
Michigan law is unclear on the legality of some wage assignments. For some types, the wage assignment is illegal. For others, the assignment itself is legal but you are under no legal obligation in the absence of a court order to remit the requested funds.
The State Court Administrative Office (SCAO) is the administrative agency of the Michigan Supreme Court.
