If you have a defaulted Student Loan and file joint taxes with your spouse and the Taxes are on a offset list because of a defaulted Student Loan, the government will take the tax return from both of you. Here is the catch to this, to get some of the tax money back you can file for an injured spouse and receive some of the money back or to avoid this all together you can simply take your defaulted student loan out of default with an Income Contigent Consolidation offered by Direct Loans, what this allows you to do is get your Defaulted Student Loan out of Default in as little as 45 to 60 days and the payment is based on your income, they keep in consideration your expenses such as housing, utilities, food and child care expenses, how many children you have and base your payment on whats left over it figures to be about 4 to 5%. By doing this it will allow for all your rights and entitlements to be reinstated as far as forebearences, deferrments and financial aid if you want to go back to school. This shows on your credit report as a paid off loan and is replaced with an open account that is receiving payments. I was a collector for many years for The California Student Aid Commision as well as Higher Education lenders, I have taken my knowledge and expertise and implemented in my Comapny Circle City Credit Advocates based out of Indianapolis, IN. By taking your Student Loan out of default, not only are you avoiding tax offsets and possible Federal Wage garnishment but you are saving a ton of money on Interest, Collection Cost and penalties alone. There is other programs that are offered as well like The Federal Loan Rehabilitaion Program which is a nine month program but until you complete that program you are still elgible to have Tax Offsets. A Defaulted Student Loan acumilates interest at 12 to 14%. A Income Contigent Consolidation even you have an inability to pay at the current time only has an interest rate of 5%. I hope this satisfied your question. If you are in need of assistance you can visit http://CircleCityCredit.com or simply call 317-574-0567. Dan Smith
In California, a community property state, all income and property of the family unit is subject to consideration for repayment of student loan debts. If student loans are in default status and the borrowing spouse passes away the debt does NOT necessarily die with the borrower. Depending upon the value of the marital assets, liens can be placed on real estate and other assets to repay heal, subsidized and unsubsidized federal student loans.
There is a mitigating factor in community property states, i.e., when the debt originated. Legally, any student loan debt you incurred prior to getting married is considered separate property and remains so after the divorce. Generally, a spouse is not responsible for debt incurred by the other spouse in separate property states unless the debt was for goods or service that benefited both parties. However, this is a complicated issue and you should consult with an attorney in your area who specializes in family law.
Yes & vice-versa.
Get them back if you can.
That would be Ares the god of war
Its IRON
It depends on what country you are writing this from.
they r to have your own rights and do wat you want
Yes it is because it is. :D Hope it helps Byez!
Cia,Fbi,gbp,Peta and other branchs that don't do a thing
The Women were responsibal for keeping the house clean, the men were the workers and the children didnt have a role
The wife is who ever gets a deceased persons assets also gets their dept also since he was her husband it would have no longer been his debt but instead their dept. All money made in a marriage is the money of both partners equally along with all of the dept even if one person had it before the marriage both become reasonable for paying it.
Dept. is the abbreviation for department. A department is a division of a large organization such as a government, university, business, or shop, dealing with a specific subject, commodity, or area of activity. Ex: My husband works in the finance department.
Dept of Defense Dept of agriculture
LEAVE THE HOUSE?? ALL YOU HAVE TO DO IS HAVE PROOF THAT YOU ALSO LIVE THERE , CALL LOCAL POLICE/SHERIFF DEPT AND ASK THAT THEY REMOVE HIM FROM PREMISES.