Student Loan Wage Garnishment

The other problem with private loans is that students see the extra money they can get for 'various expenses' and borrow way more then they should.Â* That was myÂ* problem, I totally went into it blindly and am paying for it up the nose every month.Â*
Then people think that they are entitled to the same options as federal student loans and get a big slap of reality when they realize they are screwed.

Anybody have resources for the state of Colorado

What type of resources?? For student loans?

I live in Texas and have been having my wages garnished for about 3 years. I have never been in a rehab program or any other program. Is there something that I can do to get out of the 15% wage garnishment at this point or am I stuck having my wages garnished for the rest of time?

is it a private or federal loan?

This would have to be a federal loan as Tx is a non garnishment state for all other debts...private student loans under judgement cannot garnish.

Texas has not been doing rehab for quite awhile...they lost their lender and rehab was pretty well the only option for getting out of garnishment. You cant consolidate while being garnished either.

Do you think they will get their rehab program back?

Hard to say....a lot of the ffelp guarantors have been hit by this problem.

My wages are being garnished. I know that I have to pay my student loans back but is there any help I can get? The garnishment is hurting me! How can I get them to reduce the percentage? Please help!

Federal or private loan??

If it was a federal loan, you had the opportunity to appeal the garnish prior to it starting.

For private, they would have taken you to court and would be garnishing you at your state maximum.

About 10 years ago, my now exhusband and I combined our student loans. Unfortunately the loan is in my name only. Any way that I can make him responsible for his part?

I have student loans of 50,000 and a single mother of 2 kids. I make 10.50 an hour. Dcs called and asked lots of questions saying they need 500 in 2 days and 360 a moth or they are going to garnish my wages. What should I do?

You need to work with them or they will garnish your wages...without a court order.

You have two options....

rehab.....9 payments and your loan comes out of default. Standard payment would be around $500/month. However by law, you are entitled to "reasonable and affordable" payments based on your income and your balance...this basically means they will lower your payment but dont be looking for a $50 per month payment.

Consoldation....you will be assigned to the Income Contingent Repayment plan...your payment will be based on your income with Direct Loans. Read the sticky section.

Thank you !!

Regarding wage garnishment, how do they find out where you're employed?

They check your tax records.