0
Can federal tax refunds be garnished for past due student loans?
Wiki User
∙ 14y ago
If they are under 180 days late, you should be ok. If over 180 days delinquent, then you are in Default and may have your tax refund applied to your student loan balance.
If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can 1099 independent contractors be garnished in California for student loans?
Yes
Can you consolidate Private student loans into federal student loans?
no. you will have to consolidate separately. with a federal lender then a private lender.
What happens to a person who does not repay student loans?
Federal student loans have no statute of limitation, meaning they can collect forever. The can garnish your wages without taking you to court, take your tax refund, and sue you in court for property and bank accounts. Student loans are also almost impossible to discharge in bankruptcy. There are people now who did not repay their student loans from the 1970s who are having their social security garnished. Not paying is a very bad idea.
How can student loan debt be consolidated?
Student loans can be consolidated after graduation or dropping out of school by filing with the government to consolidate all federal student loans. Remember that non-federal loans cannot be consolidated.
What is the maximum interest rate for a student loan consolidation loan?
The maximum interest rate for consolidating FEDERAL student loans is 8.25%. If your student loans are not federal loans, though, there is no maximum interest rate.
Can medical bills be taken from federal tax refund?
It is unlikely that a tax refund would be garnished for past due medical bills. Generally refunds can only be garnished for certain things, and medical bills really aren't one. Tax refunds are garnished in instances of: child support arrearages past due federal tax past due state income tax unpaid federal student loans government program repayments However, if you deposit it into an account that they have the right to garnish, the funds lose their identity as a tax refund.
Can state disability check be garnished in ca?
It can be garnished by the federal government. Federal student loans, IRS debt, ect. Also if you owe back child support or alimony payments, it can be garnished. However, it cannot be garnished by regular creditors.
Can credit card creditors take your income tax refund?
No, neither federal nor state tax refunds are subject to creditor garnishment or seizure. Tax refunds can only be seized or garnished for, taxes that are due, child support, federally funded student loans and in some cases spousal maintenance (alimony).
Can your check be garnished in SC for student loans?
Yes, Federal student loans can be garnished in every state.If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.
Can my husbands wages be garnished if I default on my student loan?
Not if he did not cosign on the loans.
Can 1099 independent contractors be garnished in California for student loans?
Yes
What happens when you default on your student loans?
Defaulting on loans have pretty severe consequences. For example, your wages could be garnished or your income tax refunds taken from you. In regard to your credit score, the defaulted loans can show up on your history for up to 7 years. To learn more about the consequences, go to http://www.finaid.org/loans/default.phtml.
Can you file bankruptcy for your student loans and keep your house out of it?
If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.
Can they send you jail for a federal student loan on defaul?
Only if you gave fraudulent info to get it, keep it, or obstruct collection of it. Keep in mind that most student loans are federal government-backed financial aid, so there are enhanced penalties for those that abuse them. Borrowers guilty of no crime can have their tax refunds and wages taken, without a court order, for defaulting on their federal student loans in the US.
In Iowa can student financial aid be garnished?
If the loans are federally guaranteed then yes they can be garnished. If you need help with the consolidation of your defaulted loans, click on the default link below.
Can child support owed to the custodial parent be garnished if they owe for student loans?
no
Can wages and Income tax be garnished at the same time for student loans?
yes and no
