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Debt Consolidation Forums Student Loans and Education Debt forums

Lost job in Athens and cannot pay off the debt

Date: Mon, 09/02/2013 03:51
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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 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.

Sub: #1 posted on Mon, 09/02/2013 - 04:13

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