FYI....There is a company that helped removed my defaulted student loan garnishment. Contact them at www.asgardfinancial.com .
Educational loans are particularly sensitive when it comes to wage garnishment. Even states that do not allow wage garnishment exempt student loans so to answer your question - yes. Your student loan lender can garnish your wages until the full student loan is paid in full. If you are having trouble paying them off and need to lower payments or some other form of debt relief, there is an ombudsman service from the Federal Student Loan that you can use: http://wagegarnishmentforum.com/index.php?topic=53.0
Yes, they definitely can!
If your defaulted loans are federal, like Stafford, PLUS, or Perkins, then you can get help from Default Management Services, Inc. Use Google to look up the phone #. Ask for Doug
Write and ask the student loan company.
Not if he did not cosign on the loans.
yes and no
In the U.S., 15% of your wages is the guideline, but I have seen up to 25%.
garnished wages in Texasno the state of Texas does not garnish wages for no debts unless it is IRS related or student loans or anything dealing with government loans.
YES No, wages can not be garnished in Tx except for the IRS, Student Loans, & Child Support.....They can however garnish a bank account if they get a judgment against you in court.
Absolutely not. You know that phrase "there are no stupid questions"? It's a lie.
In the US, the government can garnish up to 15% of your wages for defaulted federally guaranteed student loans. You can get out of default by rehabilitating your loans in 12 months, or by consolidating your loans. If you need help with the consolidation of defaulted student loans, click on the link below.
(in the US) student loans are guaranteed by the government for the sole purpose of the borrower completing their education and becoming a contributing member of the community. As a general rule the loan payment itself, is free from being garnished because it is not considered income.
Yes. Wages can be garnished for any debt that is legally incurred and documented.
In the event they secure a judgment against you then yes. The only way to garnish wages, aside from the federal government attaching your wages or freezing your accounts, is to have an order of garnishee. Without it, no employer will release wages for garnishment. Any who do are perhaps criminally liable. If your wages have been garnished, ask for a copy of the order.
this could happen, however, you are better off to hire a lawyer, or get legal aid.
Sure can and so can your tax refund go to the loans.
If your bankruptcy is currently active, collection efforts on the student loan will cease until the bankruptcy inactive at which point collection activities will start again.
The state of Texas does allow for the garnishment of wages other than child support and school loans. Tax returns and other federal monies can 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.
Slave wages at best.
bs i had student loans being garnished from my disabilty ss
Yes, wages can be garnished in Illinois.
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.