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All collection agencies are different, there is no set guideline.

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.

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Q: If you defaulted in a private student loan how long will it take to garnish wages?
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Related questions

Can new york state garnish wages for a student loan with out going to court?

If they are Federally Guaranteed student loans, then yes they can. If they are private student loans, then no they can't. You can consolidate the defaulted loans and skip the garnishment. This company can help you: www.defaultms.com


How much can irs garnish from paycheck?

The IRS can garnish your wages if you owe the government back taxes or defaulted on your student loans. They can take as much as it takes to pay off the debt.


Can a landlord garnish wages in gwinett ga?

Yes, in Gwinnett County, Georgia, a landlord can potentially garnish a tenant's wages if they have obtained a court judgment for unpaid rent or damages. The landlord would first need to obtain a court order allowing them to garnish the wages through the tenant's employer.


Repossess for a defaulted student loan?

In the US, the Dept of Ed. does not reposes anything on the repayment of Federally Guaranteed Student Loans. They will only garnish wages, garnish social security, and keep tax returns. If you need help getting out of Default on your student loans, click on the link at the bottom of this text box.


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.


What can you do about not paying your student loans?

It will follow you for the rest of your life! After you default it's said it takes 7 years but it will always be on your record. There are options of repayment but most likely you will be paying for the remainder of your life. Face it; you're a slave in this corporate world so pay what you can if you want to buy a car or a house. Oh, did I mention your tax returns? They will take your tax returns and garnish your pay check if you ever get a job and work!


Can they attach my federal income tax refund if I have a single unmarried dependent with a defaulted school loan?

Who is "they"? The government can garnish your wages, and yes, withhold your refund; however, a private business/entity (like a college) cannot. A private business would require a court order before engaging in such activity.


What is the percent they can garnish on a student loan?

In the U.S., 15% of your wages is the guideline, but I have seen up to 25%.


What is the North Carolina laws on garnishment of wages?

North Carolina permits wages to be garnished in very limited circumstances. Wage garnishments are allowed for unpaid income taxes, court ordered child support, child support arrears, and defaulted student loans. Other creditors cannot garnish wages in North Carolina.


Can a creditor garnish your federal taxes to cover a defaulted car loan?

Not Unless It Was Court Ordered. Child Support & Student Loans Can Be.ANSWER: If a garnishment order is sent by the courts to garnish your wages your employer will most likely comply with the order. If some nut bag creditor tries to garnish your federal taxes it is unlikely the IRS will comply. As far as the IRS is concerned is that is their money and they intend to keep it.


Can a judge garnish your wages in Texas?

No, only the federal government can garnish your wages.


In Indiana if you get a foreclosure against you can they garnish your wages?

Yes, in if you get a foreclosure against you in Indiana, they can definitely garnish your wages. However, they can only garnish wages if it is ordered by the court.