are there any programs out there to repay my defaulted loan and keep my tax return they have already started garnishing my wages
2007-12-26 15:37:34 · 3 answers · asked by Jenn 1 in Business & Finance ➔ Taxes ➔ United States
you know, I worked in this very field for a major university.
You have given very little information, and so I do not know what corporation "owns your loans."
However, if you contact 'The William D. Ford Foundation" they will buy back your loans, even if they are already consolidated, from your current lender despite their status...
YOU WILL NOT BE DENIED THIS SERVICE!
this is because they are the Federal Agency that made the loan to the corporation or bank you went through in the first place.
Now is the time, the interest rate is at an all time low for this.
Look them-up online, get the forms for consolidation, and get a pay off list from your current lender so you can fill it out. ... Your lender cannot deny you the pay-off list for any reason.
The form is easy to fill out, really simple, they can help you with it once you get it.
Then after you are consolidate, you can pick a repayment option that works for you, or a deferment.
this is really, really, easy!
I believe if you get this ball rolling ASAP there will be no reason for them to continue the garnishment.. It can end in weeks!
2007-12-26 15:51:59 · answer #1 · answered by Existentialist-Fever 3 · 0⤊ 3⤋
Sure! Bring your debt up to date and make regular on-time payments on it. That's the ONLY way to stop the garnishments and refund captures.
2007-12-26 21:40:18 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
if your married file injured or sick spouse
2007-12-26 15:42:17 · answer #3 · answered by midnightnocker14 1 · 0⤊ 5⤋