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Sub: #1 Private loan Judgment 03/24/10
Replied on 03-17-2010, 01:31 PM
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My husband has private loans with Sallie Mae. He is set for Judgment on 03/24/10 and will appear. He tried to get into a reasonable debt repayment plan but Sallie did not agree. My question is, we filed a joint tax retun and the refund is due in the beginning of April. If Sallie gets a judgment, can they intercept the federal tax refund without going to court and getting a citiation to discover assets, etc? I think he will try to see if he can get a court ordered repayment plan out of this. We don't know what else to do.

SC
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Sub: #2
Replied on 03-18-2010, 12:10 AM
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Private student loan lenders can't intercept any Govt. tax refund. Private student loan lenders have no more rights than your credit card lenders.

However, you may still wait for Soaplady to drop in since she is an expect in student loans.




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