I haven't paid on my student loans in a year, what are the chances that they will take my income tax?
2006-12-27 07:56:59 · 7 answers · asked by So What 3 in Business & Finance ➔ Taxes ➔ United States
There is a very good chance. Not only can they take your tax refund, they can garnish your wages and take you to jail. Pay you bills. If you don't you are stealing. Keep you commitment and pay your debt....
2006-12-27 08:05:31 · answer #1 · answered by Andrew S 3 · 0⤊ 1⤋
i spotted those reviews on PBS and pay interest to it on NPR. maximum of those loans have been made to family participants that wanted help going to college. they like many are having a complicated time repaying their college loans. a number of loans are like 40 years previous. unhappy, it honestly seems the senior has no intent to pay off. Which mindset each and all the entertainment individuals will pay. You appreciate we make loans in "advantageous faith", meaning that that we intend to pay them returned. for people who made or make a loan you wanna be paid returned additionally. So beneficial, Social risk-free practices will could be "dinged" if necessary. They certainly no longer take an important quantity, 10 to fifteen%. beneficial for some it somewhat is plenty, nonetheless maximum can control that. With a splash of sturdy fortune that family participants member will pay off the senior that was sort adequate to reason them to the loan. Why could all and assorted agree that a different business enterprise will could wade via existence with out could pay off debt? What kinda capitalism is that?
2016-10-28 12:00:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There is a very good chance. Not only can they take your tax refund, but they can also garnish your wages.
2006-12-27 08:00:09 · answer #3 · answered by ramman 4 · 0⤊ 0⤋
If you have a refund coming, they'll probably take it to apply to the overdue amounts.
2006-12-27 08:36:39 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
100% if you would be due a refund. You can bet the IRS already has your SSN flagged to divert any refund.
2006-12-27 10:35:58 · answer #5 · answered by STEVEN F 7 · 1⤊ 0⤋
Probably pretty good. If you're working they might even be able to garnish your wages as well.
2006-12-27 07:58:16 · answer #6 · answered by jseah114 6 · 0⤊ 0⤋
If they catch you, they will take it.
2006-12-27 08:44:54 · answer #7 · answered by phall257 2 · 0⤊ 1⤋