Alright, so I've gotten myself in deep trouble with my student loans. They are in default and are being handled now by Allied Interstate. I have been ignoring the problem and am forcing myself now to sit down and deal with it, but I don't know where to start. Allied has called one of my employers multiple times and most recently has told my employer that they will be garnishing my wages. Is this legal? They have not sent me anything about this, I had to hear it from my employer. I just need to know what I should do first. Call Allied? I don't know what to say. Can anyone help?
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Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
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The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.