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If a student loan was obtained 15-16 years ago can they put it back on your credit report for default and can they garnish your joint bank account if no money has ever been paid?

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2005-11-30 10:25:14
2005-11-30 10:25:14

Do you never return what you borrow?

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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.

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Yes, Sallie Mae can garnish wages in every state.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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In the US, if you don't pay your student loans for 270 days, they become default. When they become default, the collection agency will start to garnish your wages and the government will keep all future tax return refunds. You should consolidate your student loans and prevent the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your student loans, click on the link below.

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In the US, if you don't pay your student loans for 270 days, they become default. When they become default, the collection agency will start to garnish your wages and the government will keep all future tax return refunds. You should consolidate your student loans and prevent the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your student loans, i recommend www.defaultms.com

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They can still garnish you, but you can appeal the garnishment through the Dept. of Ed. Ohmbudsman's office.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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In the US, if you don't pay your student loans for 270 days, they become default. When they become default, the collection agency will start to garnish your wages and the government will keep all future tax return refunds. You should consolidate your student loans and prevent the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your student loans, click on the link below.

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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.

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if a deferrment has been done on a student loan wll IRS still garnish refund.

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In the US, if you don't pay your student loans for 270 days, they become default. When they become default, the collection agency will start to garnish your wages and the government will keep all future tax return refunds. You should consolidate your student loans and prevent the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your student loans, click on the link below.

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yes, they definitely can and will.

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In the U.S., a garnished student loan happens when a borrower becomes Default on the outstanding loans which causes a collection company to garnish the wages of the borrower. Garnishment is when an employer deducts money from an employee's paycheck and sends it to a collection company. Garnishment of Federal Student Loans has a cap of 25%.One online company that helps default borrowers get a garnishment lifted is Default Management Services, Inc. You can Google the company for the phone #.Ask for Doug.

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If in the US, a creditor can garnish up to 15% of your wages, keep any tax returns, and place a default judgment on your credit report. When you start receiving social security, they will garnish that also. You can get out of default within 60 days by consolidating the loans into an income sensitive repayment plan. You will also be eligible for up to 3 years of Deferment and Forbearance. Click below if you need help.

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Actually, the default will stay on your credit indefinately until you get out of default. Student loan default on Federally Guaranteed student loans has no statute of limitation. If you consolidate your defaulted student loans, they will show up as Paid In Full on your credit report. You can get help with the consolidation of your student loans through www.defaultms.com Any default is going to stick around for about 7 years.

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It's possible for a bank levy to be placed on a joint account, it really depends on how the account is set up. Whether or not it is a marital account, a joint account with survivorship rights and so forth may determine what legal action can be taken.

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If your student loans are being garnished, you can count on your name being on the tax offset list, meaning that they will apply your refund amount to your loan repayment.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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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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In the US, if you don't pay your student loans for 270 days, they become default. When they become default, the collection agency will start to garnish your wages and the government will keep all future tax return refunds. You should consolidate your student loans and prevent the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your student loans, click on the link below.

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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.

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i think a student account is when students has an account :D

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Student loans are obtained by contacting the financial aid office at a college or university. Some student loans can be obtained from local banks as well.

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The student loan garnishment guidelines are Federal, so they are the same for every state. The guidelines say that collectors can garnish 15% of your pay, but i have seen up to 25% garnished before.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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You are not eligible for new Federal aid if your current Federal student loans are in default. You are eligible to get financial aid if you get your loans out of default. If you need help getting out of default click on my profile, StudentLoaner, below.

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The Federal guideline is 15-25% of your pay per pay period.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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In the United States, you cannot receive Federal student aid if you are in default on a Federal student loan. If you have defaulted on a private loan, this will depend upon where you are trying to get additional student aid from.

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If you are in default on federal student loans you are not eligible for financial aid until you get them out of default.


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