Wages Garnished, Want to Rehabilitate

Date: Sun, 02/22/2009 - 10:21

Submitted by anonymous
on Sun, 02/22/2009 - 10:21

Posts: 202330 Credits: [Donate]

Total Replies: 6

I have two separate loans that have gone into garnishment and have paid down enough that both combined are under $10K total. I can no longer afford to have 30% of my salary garnished and need to arrange some sort of rehabilitation. However, I understand that you need to continue to pay on top of the garnishment. That is not an option, but where do I start to amend the garnishment and begin rehabilitation? Thanks for any advice.

What state are you in?? Most states are 25% maximum garnish

What state are you in?? Most states are 25% maximum garnishment which means that even student loans cannot go over the state max.

Are your loans with two guarantors? The reason I is that a single guarnator will not guaranish multiple times for loans they hold.

Rehab with a garnishment requires you make the payments over and over the garnishment. This is the law.

lrhall41

Submitted by SOAPLADY on Sun, 02/22/2009 - 10:27

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Thank you so much for your reply. I am in Texas. There are two

Thank you so much for your reply. I am in Texas. There are two different guarantors, each taking 15%. Can I request a hardship reduction in the garnishment with the collector as they are still trying to contact me? Also, I am reading that the minimum rehabilitation amount is 1%.

lrhall41

Submitted by on Sun, 02/22/2009 - 10:39

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I looked but I could not find a maximum amount that se

I looked but I could not find a maximum amount that set by texas for this type of garnishment....texas doesnt have a maximum garishment law set as it is a non garnishment state except for this type of debt.

It is hard to say if what your guarantors will say. You had the opportunity prior to both guarnishment to appeal based on harship. Another complication....if one of your guarantor is Texas GSLP, rehab is a moot point. Currently Texas has no rehabbing lender available so they are not being processed. This is affect quite a few guarantors so I have read.