PDA

View Full Version : Stop garnishment of wage for student loan? NEWNAN, GA


30263tina
Jun 11, 2009, 07:53 AM
How do I to stop garnishment of wage for student loan?. I can't bear to spare a penny at this point. I'm single parent and no child support from there father to help. Any suggestions

Please help !

DownUnder
Jun 11, 2009, 09:29 AM
There is really nothing you can do. Student loans have to be paid back and they are not dischargeble in bankruptcy, For your wages to be garnished you must have let this go for some time. When you knew you were going to be late or have trouble making payments did you contact them and try to work something out?

scott_1976
Jun 11, 2009, 09:32 AM
How old is the loan, I was able to defer my loan for two years because I qualified for financial hardship. I would call the company who is in charge of the loan and inquire.

ScottGem
Jun 11, 2009, 09:33 AM
The only possible alternative is to contact the lender and see if they will release the garnishment for some, agreed upon, payment schedule that you can handle better. But if you miss a payment they will reinstitute the garnishment and not work with you anymore.