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For example, if an individual becomes delinquent on $100 monthly loan payments, a wage assignment automatically deducts the $100 from the person's weekly or monthly paycheck and sends it to the lender. states, wage assignments can be a useful, proactive method for recouping long-term unpaid debts.
Why It Matters Wage assignments are frequently ordered in connection with delinquent child support payments and merchant credit balances.
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