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    marti_graham's Avatar
    marti_graham Posts: 1, Reputation: 1
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    #1

    Nov 17, 2008, 06:02 AM
    IRS garnishment
    Can I, who cosigned on a loan, garnish someone's income tax to pay the loan or can the loan co garnish the income tax.

    Marti
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Nov 17, 2008, 06:12 AM
    Quote Originally Posted by marti_graham View Post
    can i, who cosigned on a loan, garnish someones income tax to pay the loan or can the loan co garnish the income tax.

    marti


    You would have to sue, win the case, get a Judgment and then collect by any means available to you - tax refunds cannot be garnished by private individuals. You CAN file against a bank account and take the refund when it is deposited.

    Obviously the other person would have to be in default - you can't just decide you want out of the loan.
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