What would you like to do?
Can your disability benefits be garnished if your student loan is over 10 years old?
Yes, Social Security CAN and WILL be garnished for defaulted student loans. Theyll take anything over 750 or 15% whichever is more. Just try getting it dismissed for disability, Its IMPOSSIBLE!! No matter how long you've been on disability!! PS They wont allow government aid like food stamps to increase to make up difference either! GOD BLESS AMERICA! I borrowed 2250 25 years ago, (BIG MISTAKE)now with collection fees its almost 10000 and they'll harass me to the grave, even making me poorer then poorest person on welfare!! I LOVE this country!! NOT!!! and NO they do not lend money to people as dirt poor as I am and have always been to refinance!! I just LOVE this country!!
30 people found this useful
Was this answer useful?
Thanks for the feedback!
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 Goog…le the name for a phone #. Ask for Doug, he is knowledgeable. (MORE)
(in the US) student loans are guaranteed by the government for the sole purpose of the borrower completing their education and becoming a contributing (and taxpaying) member o…f the community. As a general rule you are free from being garnished by the lender because the government guaranteed the lender they would be paid. How the government might approach you for your repayment to THEM is another matter. I have actually spoke with social security and they state that social security SSI can only be touched if you owe child support. It is need based and not even the government can take that from the individual. Call the Social Security/Disability office for further info. (MORE)
I have the same question and it took some time to get an answer...everthing I had read on the web for this question was an unrelenting "they can garnish and take anything." Ra…ther cruel I thought but I emailed a counselor with the Dept. of Ed. and they wont garnish a benefit over $750. Amounts above this they take the offset. (MORE)