Wage assignments can be a double-edged sword – while they may have helped you secure a loan or manage debt in the past, they can also become a significant burden on your financial well-being.
If you find yourself in a situation where a wage assignment is no longer necessary or is causing undue hardship, it’s essential to know how to effectively revoke it.
Sample Letters to Revoke Wage Assignment
However, the process of revoking a wage assignment can be confusing and overwhelming, especially if you’re not sure where to start or what to say. That’s where this comprehensive guide comes in.
We’ve compiled 15 sample letters that will help you navigate the revocation process with confidence and clarity, ensuring that you can take back control of your hard-earned income and move forward with peace of mind.
Letter 1: Revocation Due to Debt Satisfaction
Subject: Revocation of Wage Assignment – Debt Satisfaction
Dear [Employer/Creditor],
I am writing to inform you that I have successfully paid off the debt associated with the wage assignment currently in place. Per my agreement with [Creditor Name], I have made all the necessary payments, and the debt has been satisfied in full.
Please consider this letter as a formal request to revoke the wage assignment, effective immediately. I kindly ask that you cease any further deductions from my paycheck and provide me with written confirmation of the revocation.
Thank you for your assistance in this matter. If you require any additional information or documentation, please do not hesitate to contact me.
Sincerely,
[Your Name]
Letter 2: Revocation Due to Financial Hardship
Subject: Revocation of Wage Assignment – Financial Hardship
Dear [Employer/Creditor],
I am writing to request the revocation of the current wage assignment due to financial hardship. My circumstances have changed significantly since the initial implementation of the wage assignment, and the deductions are now causing an undue burden on my ability to meet basic living expenses.
I kindly ask that you revoke the wage assignment, effective immediately, and work with me to establish an alternative payment plan that takes into account my current financial situation. I am willing to provide documentation of my hardship, if necessary.
Please provide me with written confirmation of the revocation and any steps I need to take to facilitate this process. Thank you for your understanding and cooperation.
Sincerely,
[Your Name]
Letter 3: Revocation Due to Employer Change
Subject: Revocation of Wage Assignment – Employer Change
Dear [Previous Employer],
I am writing to inform you that I am no longer employed with your company. As such, I am requesting that you revoke the wage assignment that was in place during my employment.
Please process this revocation immediately and provide me with written confirmation for my records. If any outstanding deductions need to be addressed, please contact me promptly to discuss the matter.
Thank you for your attention to this request. If you require any additional information, please do not hesitate to reach out.
Sincerely,
[Your Name]
Letter 4: Revocation Due to Creditor Error
Subject: Revocation of Wage Assignment – Creditor Error
Dear [Employer/Creditor],
I am writing to request the immediate revocation of the wage assignment currently in place, as I believe there has been an error on the part of the creditor. Upon reviewing my records, I have discovered that the debt associated with this wage assignment has already been paid in full.
I have attached documentation supporting this claim, including payment receipts and correspondence with the creditor. In light of this information, I kindly ask that you revoke the wage assignment and refund any deductions made in error.
Please provide me with written confirmation of the revocation and refund process. If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 5: Revocation Due to Bankruptcy
Subject: Revocation of Wage Assignment – Bankruptcy
Dear [Employer/Creditor],
I am writing to inform you that I have recently filed for bankruptcy. As a result, all wage assignments and garnishments must be immediately revoked, as per federal bankruptcy law.
Please consider this letter as a formal request to revoke the wage assignment currently in place. I have attached a copy of my bankruptcy filing for your records.
Kindly provide me with written confirmation of the revocation and cease any further deductions from my paycheck. If you have any questions or require additional information, please contact my bankruptcy attorney, [Attorney Name], at [Attorney Contact Information].
Sincerely,
[Your Name]
Letter 6: Revocation Due to Incorrect Deduction Amount
Subject: Revocation of Wage Assignment – Incorrect Deduction Amount
Dear [Employer/Creditor],
I am writing to request the immediate revocation of the wage assignment currently in place, as I believe the deduction amount is incorrect. According to my records and the original agreement with the creditor, the deduction should be [Correct Amount] per pay period, not the [Incorrect Amount] that is currently being withheld.
I have attached documentation supporting this claim, including the original wage assignment agreement and my payment records. Please revoke the current wage assignment and implement a new one with the correct deduction amount.
Kindly provide me with written confirmation of the revocation and the implementation of the corrected wage assignment. If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 7: Revocation Due to Unauthorized Deductions
Subject: Revocation of Wage Assignment – Unauthorized Deductions
Dear [Employer],
I am writing to express my concern and request the immediate revocation of the wage assignment currently in place. Upon reviewing my pay stubs, I have discovered that deductions are being made without my authorization or knowledge.
I have not agreed to any wage assignment and have not received proper notification of such an arrangement. As a result, I am demanding that you cease these unauthorized deductions immediately and refund any amounts withheld to date.
Please provide me with written confirmation of the revocation and refund process, along with an explanation of how these unauthorized deductions occurred. If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 8: Revocation Due to Completion of Payment Plan
Subject: Revocation of Wage Assignment – Completion of Payment Plan
Dear [Employer/Creditor],
I am writing to inform you that I have completed the payment plan associated with the wage assignment currently in place. Per my agreement with [Creditor Name], I have made all the necessary payments, and the debt has been satisfied in full.
Please consider this letter as a formal request to revoke the wage assignment, effective immediately. I kindly ask that you cease any further deductions from my paycheck and provide me with written confirmation of the revocation.
Thank you for your assistance in this matter. If you require any additional information or documentation, please do not hesitate to contact me.
Sincerely,
[Your Name]
Letter 9: Revocation Due to Statute of Limitations
Subject: Revocation of Wage Assignment – Statute of Limitations
Dear [Employer/Creditor],
I am writing to request the immediate revocation of the wage assignment currently in place, as I believe the debt associated with this arrangement is beyond the statute of limitations for collection in [Your State].
According to my records, the last payment made towards this debt was on [Date], which is more than [Number of Years] years ago. Per [Your State]’s statute of limitations, this debt is no longer legally collectible.
Please consider this letter as a formal request to revoke the wage assignment and cease any further deductions from my paycheck. I kindly ask that you provide me with written confirmation of the revocation.
If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 10: Revocation Due to Disputed Debt
Subject: Revocation of Wage Assignment – Disputed Debt
Dear [Employer/Creditor],
I am writing to request the immediate revocation of the wage assignment currently in place, as I am disputing the validity of the debt associated with this arrangement.
After reviewing my records and communicating with the creditor, I have reason to believe that the debt is inaccurate, and I am formally challenging its validity. As a result, I am requesting that you cease any further deductions from my paycheck until the dispute is resolved.
Please provide me with written confirmation of the revocation and direct any further correspondence regarding this debt to me in writing. If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 11: Revocation Due to Termination of Employment
Subject: Revocation of Wage Assignment – Termination of Employment
Dear [Employer],
I am writing to inform you that my employment with your company has been terminated, effective [Date]. As a result, I am requesting that you revoke the wage assignment that was in place during my employment.
Please process this revocation immediately and provide me with written confirmation for my records. If there are any outstanding deductions or final payments that need to be addressed, please contact me promptly to discuss the matter.
Thank you for your attention to this request. If you require any additional information, please do not hesitate to reach out.
Sincerely,
[Your Name]
Letter 12: Revocation Due to Reduction in Hours
Subject: Revocation of Wage Assignment – Reduction in Hours
Dear [Employer],
I am writing to request a revision of the current wage assignment due to a recent reduction in my work hours. As a result of this change, the current deduction amount is causing significant financial strain and is no longer feasible given my reduced income.
I kindly ask that you revoke the existing wage assignment and work with me to establish a new arrangement that takes into account my current financial situation. I am willing to provide documentation of my reduced hours and income, if necessary.
Please provide me with written confirmation of the revocation and any steps I need to take to facilitate this process. Thank you for your understanding and cooperation.
Sincerely, [Your Name]
Letter 13: Revocation Due to Garnishment Limits
Subject: Revocation of Wage Assignment – Garnishment Limits
Dear [Employer/Creditor],
I am writing to request an immediate adjustment to the wage assignment currently in place, as I believe the deduction amount exceeds the legal garnishment limits in [Your State].
According to [Your State]’s laws, the maximum amount that can be deducted from an employee’s disposable earnings is [Percentage] or [Dollar Amount], whichever is less. The current deduction of [Current Amount] appears to violate these limits.
Please revoke the existing wage assignment and implement a new one that complies with the legal garnishment limits. I kindly ask that you provide me with written confirmation of the adjustment and refund any excess amounts that have been withheld.
If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 14: Revocation Due to Identity Theft
Subject: Revocation of Wage Assignment – Identity Theft
Dear [Employer/Creditor],
I am writing to request the immediate revocation of the wage assignment currently in place, as I believe I am a victim of identity theft, and the debt associated with this arrangement is fraudulent.
Upon reviewing my credit report and communicating with the creditor, I have discovered that the debt in question is not mine and was likely opened using my personal information without my knowledge or consent.
Please consider this letter as a formal request to revoke the wage assignment and cease any further deductions from my paycheck. I have attached a copy of the police report and identity theft affidavit for your records.
Kindly provide me with written confirmation of the revocation and direct any further correspondence regarding this fraudulent debt to me in writing. If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
Letter 15: Revocation Due to Change in State Law
Subject: Revocation of Wage Assignment – Change in State Law
Dear [Employer/Creditor],
I am writing to request the immediate revocation of the wage assignment currently in place, as I believe it is no longer valid due to a recent change in [Your State]’s wage assignment laws.
Per the updated legislation, wage assignments must now meet specific criteria and be subject to new limitations and requirements. The current wage assignment appears to be non-compliant with these new regulations.
Please consider this letter as a formal request to revoke the wage assignment and cease any further deductions from my paycheck. I kindly ask that you review the updated state laws and provide me with written confirmation of the revocation.
If you require any additional information or clarification, please contact me promptly.
Sincerely,
[Your Name]
In conclusion, revoking a wage assignment can be a complex and intimidating process, but with the right approach and communication, you can successfully take control of your finances and protect your hard-earned income. By using these 15 sample letters as a guide, you can effectively navigate the revocation process and ensure that your rights and interests are protected. Remember to tailor each letter to your specific circumstances, maintain a professional and assertive tone, and keep thorough records of all correspondence. With persistence and determination, you can break free from the burden of wage assignments and take a significant step towards financial freedom and peace of mind.
