_____ is an agreement by an employee that a creditor may take future wages as security for a loan or to pay an existing debt.

Question

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Wage assignment is an agreement between an employee and a creditor, which allows the creditor to garnish the employee's wages to pay off an existing debt or as security for a loan. Garnishment, also known as wage garnishment, is a legal process that enables a creditor to take a portion of an employee's wages or salary, with a court order, to pay off an outstanding debt. Confession of judgment, sequestration, and interception are different legal concepts.

_____ Is an Agreement by an Employee That a Creditor