answersLogoWhite

0


Best Answer

No, you will not be eligible.

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.

User Avatar

Wiki User

βˆ™ 14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

βˆ™ 14y ago

No, you are not eligible for additional federal student loans while in default on previous loans.

If you need help getting out of default and getting the garnishment lifted, a company called Default Management Services, Inc. can help you. Google the company name to get the phone #. Ask for Doug, he is knowledgeable.

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 14y ago

No, if your current loans are being garnished, then you are in default. Student loan holders that are in default are not eligible to receive additional loans. If you consolidate your defaulted loans, you can get out of the garnishment and receive an income sensitive repayment option. It will allow you to pay an amount that your budget can afford. Payments can be as low as $0, depending on your income and dependants. Additionally, you are eligible for more student loans after consolidation. If you go back to school, you can still put all the loans in Deferment and not pay on them. You can get help with consolidating your defaulted loans at www.defaultms.com

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 14y ago

i am looking for the answer to your same question. if you find out anything, please let me know!

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 14y ago

Yes, but you can contest it to the Dept. of Ed. Ohmbudsman office if it is a financial hardship.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a student loan garnish you while you are already being garnished?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you be garnished if you are already being garnished?

can a bill collector check to see if I'm being garnished and if I am, can they garnish me to or do they have to wait until the first one is finished?


Can a collection bureau garnish your wages if they are being garnished for child support in Idaho?

Collection bureaus can obtain court orders to garnish wages for debts unrelated to child support, even if those wages are also being garnished for child support.


Can your income tax check be garnished if your wages are already being garnished?

if my wages are being garnished can they still take my income tax check?


Can they garnish your pay check because your spouse is indebt?

Washington State, Can they garnish my pay check because my spouse wages are being garnished to pay off a credit card debt.


When can the IRS garnish your tax return?

The government has just garnished my 2008 federal tax return due to my student loan being defaulted. My student loan dates back to 2005. It was very inconvenient to have my return garnished, especially since I would have received $6,500, but I am also glad I had this resolved!


Can your employer garnish your wage for a till being short?

If your contract says that wages can be garnished if the till is short, they can. Otherwise, they are not legally allowed to randomly garnish wages with a garnishment order from a court of law. They could fire you, however.


Can your private pension be garnished for a defaulted student loan?

If it's federal they can get your social security without even taking you to court. They would have to take you to court for a retirement account. If it's private they would have to get a judgment.


Can my SSI benefits be garnished for a Defaulted Student Loan I am being harrassed on a daily basis by Pioneer Credit, and they are threatening to garnish My SSI, which is my only income, as I am unable to work....?

The following answer was found online, "Social Security benefits can be garnished to repay Federal debts, but never below $750 per month. A garnishment can take 15%, or the amount over $750, whichever is less."


Can you consolidate your DIRECT student loans if your taxes are being garnished?

Yes, as long as you have not consolidated through Direct previously.


What happens if the party you are garnishing is already being garnished by other creditors in Colorado?

You may have to try a lien. Only a certain percentage of pay can be garnished & they are probably at the max.


If you go on disability can you still be garnished by a sheriff or creditor even though the garnishment has already started?

Garnishment orders apply to wages or in some cases bank accounts. Sheriff's do not garnish wages they just serve the garnishment order. If you are not being paid by an employer there are no wages to be garnished. Disability benefits are exempt from creditor garnishment. They are not exempt from garnishment for tax arrearages or child support.


Can your wages be garnished for a repoed vehicle in portland OR?

they should not be able to garnish wages for a vehicle the leinholder has taken back into their possession for payments not being made. They have the vehicle back, so its not right for them to take your money.