Yes, if you are default on your student loans, then your name will be added to the tax offset list by the Dept. of Ed.
So your income tax fund check will be applied to your default student 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.
Yes, income tax refunds are withheld once Federal student loans are in a Default status.
There are only 2 ways to get out of default on your Federally Guaranteed student loans.
If you are in the U.S., then the answer is definitely yes. You still have time to get out of default before filing your tax return.
There are only 2 ways to get out of default on your Federally Guaranteed student loans.
If you need additional help getting your loans out of default, click on my user name, "studentloaner", below.
Taxes are paid to the government, and are not included in your wages. They will take the money that is yours only, not that which should be the government's.
Yes, a tax return can be garnished, as it is your income and has the same restrictions as any other form (barring taxes, since it has already been taxed).
Presuming it's a Gov't loan and garnishment...yes.
If it is from a government guranteed or insured loan, by the time your being garnished, the IRS has been notified and will take any refund and send it to who you owe.
They certainly can take them. They'll let you know if they're going to.
If you owe back child support then yes, they will still take your taxes even through your wages are garnished.
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.
No.
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.
For unpaid taxes and unpaid student loans, yes.
I have 7 years experience in Defaulted student loans and can not definitively answer this question. My professional opinion is no, but I suggest you call the Dept. of Ed. at 1-800-4Fed-Aid. If they can't give you a definitive answer, then contact the Dept. of Ed. Ohmbudsman's office. If you want your name off of the defaulted student loans, have your ex-husband consolidate the defaulted loans in only his name. You will then be off the hook. It is tough to get defaulted student loans consolidated through a new federal lender these days. One company that I'm sure can help is Default Management Services, Inc. They are the cheapest I have seen and give a 100% money back guarantee on their services. You can Google the company name to get the phone #. Ask for Doug.
In most cases NO. However, student loans, child support and taxes payments aren't exempted from granishment.
The government can garnish short term disability payments but no one else can. This is usually for back student loans or taxes.
No you can only garnish wages for Taxes, student Loans, Child and spouse support, and payment of ambulance services in some cases. or If the federal or state courts make the employer garnish wage. Bank loans for Vehicle, house, or credit cards are usually not permisable for garnishing wages in NC. Hope this helps.
Yes, they can and if you don't call them to take care of it, they will. I have seen it happen to more than one person. They will give you a chance to get your loans out of default, but if you move wrong, you will lose that privilege.
Not normally. They can however file a non wage garn and get your taxes when you deposit them into your checking or savings account. Usually only, government and state can withhold your taxes...i.e. back taxes, child support, student loans etc...
yes
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.