Virginia § 8.01-525.6 Petition for assignment of salary, wages, or income for the benefit of creditors

Virginia Statutes

§ 8.01-525.6 — Petition for assignment of salary, wages, or income for the benefit of creditors

Virginia § 8.01-525.6

Title 8.01Civil Remedies and Procedure

Ch. 18.1Assignments For Benefit Of Creditors

Art. 2Assignment of Salary, Wages, or Income

This text of Virginia § 8.01-525.6 (Petition for assignment of salary, wages, or income for the benefit of creditors) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 8.01-525.6 (2026).

Text

Upon petition of a debtor for the assignment of his salary, wages, or income to a trustee for the benefit of his creditors, a judge may appoint a trustee, subject to the supervision and order of the court, to receive such salary, wages, or income of such debtor and pay off the obligations due by such debtor as provided in this article, provided that a majority of the creditors have provided written consent of such assignment to the court. If the debtor is employed on a salary or for wages, the written consent of his employer is required.

Free access — add to your briefcase to read the full text and ask questions with AI

Upon petition of a debtor for the assignment of his salary, wages, or income to a trustee for the benefit of his creditors, a judge may appoint a trustee, subject to the supervision and order of the court, to receive such salary, wages, or income of such debtor and pay off the obligations due by such debtor as provided in this article, provided that a majority of the creditors have provided written consent of such assignment to the court. If the debtor is employed on a salary or for wages, the written consent of his employer is required.