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The DC Code: § 28-3804 Assignment of earnings and authorization to confess judgment prohibited.

Index28 Commercial Instruments and Transactions. (Refs & Annos)
a
A creditor may not take an assignment of earnings of the consumer for payment or as security for payment of an obligation arising out of a consumer credit sale or direct installment loan.
b
A creditor may not take or accept from the consumer a warrant or power of attorney or other authorization for the creditor, or other person acting on his behalf, to confess judgment arising out of a consumer credit sale or direct installment loan.
c
An assignment of earnings or an authorization in violation of this section is subject to the provisions of section 28-3813(d)(1) of this subtitle.

Historical and Statutory

Prior Codifications 1981 Ed., § 28-3804. 1973 Ed., § 28-3804. DC CODE § 28-3804 Current through December 11, 2012

Credits

(Dec. 17, 1971, 85 Stat. 670, Pub. L. 92-200, § 4.)