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Review the document below and make five recommendations to improve readability. Your answers must be based on course material MONEY DEDUCTED FROM YOUR WAGES TO

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Review the document below and make five recommendations to improve readability. Your answers must be based on course material MONEY DEDUCTED FROM YOUR WAGES TO PAY CREDITORS When you buy goods on credit the store will sometimes ask you to sign a Wage Assignment form allowing it to deduct money from your wages if you do not pay your bill. When you buy on credit, you sign a contract agreeing to pay a certain amount each week or month until you have paid all you owe. The Wage Assignment form is separate. It must contain the name of your present employer, your social insurance number, the amount of money loaned, the rate of interest, the date when payments are due, and your signature. The words "Wage Assignment" must be printed at the top of the form and also near the line for your signature. Even if you have signed a Wage Assignment agreement, Roysner will not withhold part of your wages unless all of the following conditions are met: 1. You have to be more than forty days late in payment of what you owe; 2. Roysner has to receive a correct statement of the amount you are in default and a copy of the Wage Assignment form; and 3. You and Roysner must receive a notice from the creditor at least twenty days in advance stating that the creditor plans to make a demand on your wages. This twenty-day notice gives you a chance to correct the problems yourself. If these conditions are all met. Roysner must withhold 15 percent of each paycheque until your bill is paid and give this money to your creditor. If you think you are not late or that you do not owe the amount stated, you can argue against it by filing a legal document called a "defence." Once you file a defence, Roysner will not withhold any money from you. However, be sure you are right before you file a defence. If you are wrong you have to pay not only what you owe but also all legal costs for both yourself and the creditor. If you are right, the creditor has to pay all these costs. Review the document below and make five recommendations to improve readability. Your answers must be based on course material MONEY DEDUCTED FROM YOUR WAGES TO PAY CREDITORS When you buy goods on credit the store will sometimes ask you to sign a Wage Assignment form allowing it to deduct money from your wages if you do not pay your bill. When you buy on credit, you sign a contract agreeing to pay a certain amount each week or month until you have paid all you owe. The Wage Assignment form is separate. It must contain the name of your present employer, your social insurance number, the amount of money loaned, the rate of interest, the date when payments are due, and your signature. The words "Wage Assignment" must be printed at the top of the form and also near the line for your signature. Even if you have signed a Wage Assignment agreement, Roysner will not withhold part of your wages unless all of the following conditions are met: 1. You have to be more than forty days late in payment of what you owe; 2. Roysner has to receive a correct statement of the amount you are in default and a copy of the Wage Assignment form; and 3. You and Roysner must receive a notice from the creditor at least twenty days in advance stating that the creditor plans to make a demand on your wages. This twenty-day notice gives you a chance to correct the problems yourself. If these conditions are all met. Roysner must withhold 15 percent of each paycheque until your bill is paid and give this money to your creditor. If you think you are not late or that you do not owe the amount stated, you can argue against it by filing a legal document called a "defence." Once you file a defence, Roysner will not withhold any money from you. However, be sure you are right before you file a defence. If you are wrong you have to pay not only what you owe but also all legal costs for both yourself and the creditor. If you are right, the creditor has to pay all these costs

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