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Wage assignment occurs when an employee voluntarily agrees to have money withheld from his or her wages. A wage assignment is an agreement you sign which allows a creditor to obtain payments for a loan directly from your employer.The voluntary transfer in advance of a debtor's pay, generally in connection with a particular debt or judgment. The typical wage assignment provision allows the employer to take the employee's future wages as security for the debt involved. Deductions for voluntary wage assignments, i.e. Such employer shall not require an agreement from an employee to accept wages at any other period as a condition of employment. Statutes.
