Garnishments in the state of Idaho
Date: Fri, 08/03/2012 - 22:57
Instead of letting the student loan default and garnish you, con
Instead of letting the student loan default and garnish you, consolidate it with the Direct Loan Program under the either the Income Contingent or Income Based repayment plan. You can then apply for hardship deferment. Talk to whoever is garnishing you now and ask them if they will lift the garnishment to allow you to consolidate.
Idaho allows 25% garnishment. Since you are being garnished 15% a second garnishment will allow another 10%. You may also want to look into filing bankrutpcy on your debts. FYI...student loans cannot be included in a bankrutpcy.