Debtconsolidationcare: Internet's first get-out-of-debt community
473,117 members

Internet's first get-out-of-debt community 486,087 members


Debt Consolidation Forums Student Loans and Education Debt

Will consolidating my stident loans stop my wage garnishment?



Unregistered

Sub: Will consolidating my stident loans stop my wage garnishment?
Sun, 24/06/2012 07:14

I have a $10,000 student loan that went into default and now my wages are being garnished I haven't done anything with them, haven't had any forbearance's or anything like that and I was wondering if there was anything I could do to stop my wages from garnishment?



Article Rating: 

Sub: #1 student loanSun, 06/24/2012 - 07:14



I had a federal student loan in default, at one time. It's very difficult to get them back in 'good status'. Yes..wages, refunds, etc. can be taken for defaulted student loans. It took alot of calling people to re-new my student loan.


SOAPLADY
SOAPLADY


Debt Samaritan
Posts: 17094
Credits: 376507.51777267 Send message to SOAPLADY

Sub: #2 Is this a federal loan or a private loan? Once you default, youSun, 06/24/2012 - 06:05



Is this a federal loan or a private loan?

Once you default, you loose all your deferment/forbearance priveleges. In the case of a federal loans, you should have received several notices including a 30 day intent to garnish letter. You would have had an opportunity to appeal the garnishment. Because of the garnishment you are now ineligible for consolidation.

At this point, you have two options. Appeal the garnishment. It might take time but if you can prove financial hardship they may lift the garnishment. Otherwise you can do a rehab while in garnishment...that will require 9 months of payments over and above your garnishment.

If it is a private loan, you have already been sued and they have a judgment against you. Getting out of that garnishment is much more difficult.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com...imitation.html


Add new comment

Full HTML

  • Web page addresses and e-mail addresses turn into links automatically.

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd><img>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.
Share post


DEBTCC "Share and Win iPad" Contest

Follow and like DEBTCC



& "Get Social" for your Chance to Win iPad!!

WIN A FREE iPad

Get Social for your Chance to Win iPad

Page loaded in 1.192 seconds.