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getting a student loan out of wage garnishment??

Date: Mon, 05/18/2009 - 05:48

Submitted by anonymous
on Mon, 05/18/2009 - 05:48

Posts: 202330 Credits: [Donate]

Total Replies: 5

getting a student loan out of wage garnishment??


I have a student loan that has been in wage garnishment for about a year and a half. I am trying to buy a home, and I can't complete the process until my loan is out of garnishment. the real estate agent told me to get loan consolidation to get the loan out of garnishment status, but the consolidation company won't consolidate a loan in garnishment status. Is there a way to get the loan out of garnishment so that the consolidation company can consolidate it, or is there a consolidation company out there that will consolidate a student loan that is in wage garnishment?


If this extra payment option is legit, why have I never been offered this option?


lrhall41

Submitted by anonymous on Tue, 06/23/2009 - 07:01

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It is not a matter of "if" it is legit....it is legit....it is part of the higher education act and is on the Department of Education website.

Have you ever called them to ask? Did you respond to the pre garnishment notice? Most people dont call once being garnished to find other solutions. Since they had to resort to an involuntary payment, they dont call to offer you options.


lrhall41

Submitted by SOAPLADY on Tue, 06/23/2009 - 07:07

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