Lost job in Athens and cannot pay off the debt
Date: Mon, 09/02/2013 - 03:51
Lost job in Athens and cannot pay off the debt
I was doing a great job at Athens (Alabama) for several years. The pay scale was good. I lost my job a year back. As a result, it became very difficult for me to meet my expenses. I have a federal student loan. The outstanding loan amount is $10,000. I have tried to set up a repayment plan several times. Nothing has worked out yet. Rather, my checking account has been garnished. I don't even have money to pay the rent.
First of all, put your
First of all, put your student loan into DEFERMENT!! Provided your student loan is not in default, you are eligible for 3 years of economic hardship.
Who garnished your check? Student loans as a general rule do not sue, at least not for the balance you have. Sounds like somebody sued you and levied your account.