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Submitted URL: http://valleyservicing.com/
Effective URL: https://www.valleyservicing.com/
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A B O U T
B E N E F I T S
L I C E N S I N G
C O N T A C T

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A B O U T
B E N E F I T S
L I C E N S I N G
C O N T A C T

Open Menu Close Menu

A B O U T
B E N E F I T S
L I C E N S I N G
C O N T A C T
 


WHO WE ARE?

Valley Servicing is a Tribal licensed third-party servicer.

Valley Servicing is a Native American owned business operated by Wakpamni Lake
Community Corporation an Oglala Sioux Tribe of the Pine Ridge Indian
Reservation, a federally recognized and sovereign nation located in the United
States. Valley Servicing abides by all applicable federal laws and regulations
and tribal law as established by the Oglala Sioux Tribe of the Pine Ridge Indian
Reservation. 


WHAT WE DO?

We specialize in servicing voluntary and revocable assignment of earnings
authorized by borrowers in accordance with applicable federal and tribal laws.


THE PROCESS

The notice of demand on a wage assignment is executed by the consumer
("Employee") provided from the Creditor. Under the Wage Assignment, the employer
is authorized and instructed to deduct amounts from the Employee's wages in
accordance with the Wage Assignment, the Demand, and applicable law.


WAGE ASSIGNMENT VS. GARNISHMENT

Wage assignments and wage garnishments differ in many ways. In fact, a wage
assignment is not a garnishment. A wage assignment is a voluntary agreement
between the employee and creditor where an amount is withheld from the
employee's paycheck to satisfy a debt owed to the creditor, whereas under a wage
garnishment, the amount withheld from the employee's check is typically obtained
through a court order initiated by the creditor.

 
 
 
 


HOW IS IT BENEFICIAL? 

 *  Interest is frozen during the repayment period

 * Deductions of only 15%

 * Leaves consumer in good standing with Creditor

 * Amount of deductions can be adjusted below 15%
   to help consumer meet financial obligations


 
 
 
 



LICENSING

Valley Servicing is a Tribal licensed business and a subsidiary agency of
Wakpamni Lake Community Corporation, which was created and exists as an arm and
subdivision of the Oglala Sioux Tribe of the Pine Ridge Indian Reservation (The
“Tribe”), a federally recognized and sovereign Indian Tribe. The principal place
of business and office of Valley Servicing is at #1 Wakpamni Lake Housing,
Batesland, South Dakota 57716, which is located on the Oglala Sioux Reservation.
Valley Servicing conducts wage assignment services in accordance with applicable
Federal law including the FTC’s “Credit Practice Act” and Tribal Laws. Valley
Servicing is not subject to State Law due to their Federally Recognized Tribal
status pursuant to Indian Reorganization Act (IRA) of 1934 (25 U.S.C. 461 et
seq.)

Valley Servicing is fully regulated by, and in compliance with, the consumer
laws of the Oglala Sioux Tribe law.


CONTACT US

contact@valleyservicing.com
1-800-943-0692
Fax 1-866-618-8062



Valley Servicing 

PO Box 637
333 South Main St 
Blanding UT 84511 

HOURS

6 am -2 pm PST



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