Please Help with DCS said I need $3,000 in 2 days!!

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explain this!! i called the company to offer to make payments on my loan because great lakes told me they had my loan and blah blah and i want to finish my degree. so i call about 8 months ago, they guy was an a** when I CONTACTED THEM and told me i couldnt make payments i had to pay in full. ok well i am a single mom of 2 with a crappy part time job, paying a loan in FULL is NOT an option. so i wait till this tax return and figure i will pay it off with that and go back to school, no biggie. i call they say i owe this amount and i say ok. but NOW he offers to let me make payments and says its important for me to go back to school. lmao. uhm ok. then i find out there is an offset on my tax return to pay this loan, so i contact DCS yet again and talk to the same guy, it sends me straight to him when i call, and he says "oh i did not know that, well here is whats going to happen. they will take your entire return and in about 2 to 6 months they will take out what you owe, which by then will be much more than what it is now due to interest and such, and then mail you a check with whats left if anything." i say ok i will call you back. 8 days after filing i RECEIVE MY FEDERAL RETURN WITH THE AMOUNT OF THE LOAN TAKEN OUT. so i call him again and let him know my refund has been given to me, and the amount of the loan has been taken out. then he says, "well it has not been applied to the account yet so in my eyes you still owe (said amt)." WTF. so 1. he is either trying to scam me for more money OR he is a dumba** who has no clue what he is talking about. 2. if it was going to take 2 to 6 months for the loan amt to be taken out of my refund, how did i get my refund in 8 days with the amt of the loan taken out? 3. why does the irs and treasury dept say the money has been sent to the collector and yet he says i still owe the same amount and nothing has been applied and calls daily to ask me for money? its all bull and i am tired of fighting to get back in school. i have 2 other loans in deferment and am doing my best to better myself for my family and this company is taking me for a run around. i am to the point of contacting a lawyer.

Why do people think everything is a scam?? You owed the cash and just because the transfer hasnt been applied to your account, you think they are scamming you??

For starters, the IRS seizes millions of dollars in owed money.The IRS did not say it was sent to the collector....re read your letter. The letter says it has been sent to your guarantor. The funds are transmited to each guarantor en masse...the guarantor has to apply the funds to your account. THIS TAKES TIME. They do not hire extra people so they get to it when they get to it. Keep in mind you may still owe your guarantor money...sometimes collection fees are not included in the offset and interest continues to accrue daily.

You have money to pay an attorney?? Funny....you did not pay your debt voluntarily....dont expect them to jump up and down for a garnishment.

My student loan went into default a year ago, and DCS Inc after hard handed tactics, got me to begin paying them the amount of the loan I assumed Access Group sold to them. I am now filing my 2009 tax returns, is DCS required to provide me with a student loan interest report? I am not sure if they in fact facture in interest on the loan amount I am now paying them. [EMAIL="pheonixxxgate@aol.com"]PERSONAL INFORMATION REMOVED
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Student loans are NOT sold to collection agencies. DCS is either representing the Access group if it was a private loan or your guarantor if it was a federal loan. If you read your mail, it will specifically state who they are representing. The loan holder will provide you with your interest statement. Keep in mind with federal loans, collection fees are paid first so you may not have even paid any interest depending on how much you owed and how much you paid.

My student loan originated with Citibank. It was refinanced by Express Loans Services. While in forebearance with Express Loans I went back to school. But instead of giving me an In School Defferment, Express Loans "sold" my loan to American Education Services, who refused to work with me. They refused to acknowledge the fact that I had returned to school. And they did this just DAYS after I received my updated FAFSA and other grant documents. Once the loan went into default I LOST my student loans and grants. American Education Services sent me a letter stating that, since its a Federal Loan, it will appear on my credit as a "Government Claim". With a
"Government Claim" on your credit report, getting HIRED for EMPLOYMENT will be difficult at best because employers LOOK at YOUR credit report.

So they first took away my ability to continue my education. Then they took away my ability to seek and gain employment.

I am disabled, receiving SSI, and have a disabled child. School was our way out of a hole. My way to be able to provide for my child when I'm no longer here. AND THEY TOOK IT AWAY! They STOLE our chance at survival! Now American Education Services has turned it over to DCS Inc. and I read all THIS! If they take ANY of my SSI my child and I will LOSE our HOME! And we have NO WHERE to go.

What happened to OBAMA'S plan to get SINGLE MOMS BACK TO SCHOOL??? They did all this to me AFTER he implemented this plan!!!! Should I contact my state Attorney Generals Office to file a complaint? Or go straight to OBAMA himself?! This is an OUTRAGE!!!

It takes 280 days, 9 months of nonpayment and being out of status for a loan to default, so you story is not ringing 100% true. If you were truly in forebearance, that doesnt count against your 280 days. Express did "sell" you loan...they defaulted you back to your guarantor.

I was being BILLED by BOTH Express Loans AND American Education Services. And each said I was to pay them! Furthermore, I woukd NOT have been able to receive ANY ADDITIONAL student loans and grants when I went BACK to school 3 MONTHS before they defaulted the loan.

So DO NOT call me a liar!

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You still qualify for federal financial aid up until the day you default. I dont understand your statement.

My point is, it takes a LONG time of a loan to default. You messed up somewhere along the way.

they are threatining to take me and my co-signer to court. they wont accept a payment plan option unless my co-signer agrees to apply for payment installments. I was hung up on by the agent and the supervisor was even a bigger jerk when I tried to tell him about how rudely I was treated. DCS said there's an acceleration claus in my loan that entitiles them to be jerks and demand full payment. how does the government approve of this?

If you have have cosignor, then you have a private loan which is not a federal or government loans. Plus you and your cosignor DID agree to balance in full on demand upon default...this is standard with all student loans, federal and private. Did you read your loan agreement?

Private loans can and will take all parties to court and will sue as a regular course of business.

I got called by DCS for my wifes loan. She go the loan long before we ever met. I don't know what payments were made. But after we married we moved and she stopped working. Now this company has called my new job saying she put this number on some form. LIE! I didn't have this job when her credit problems started. Agent from DCS EXPECTED ME to PAY her loans...EVEn hinted it would effect MY CREDIT report. their tune changed when I pointed out it was her loan not mine. Watch out for these guys!

dcsi is garnishing me and taking my taxes then they want me to rehab for 385 a month i dont make enough to even meet the requirements what can i do to help myself so i can pay that my bills take my entire check, then they take my taxes

How much do you owe?

The garnishment is 15% of your disposable pay. If you cannot rehab, adjust your withholding.

My student loan is in default with DCS. My Original loan was almost 2,000, less than what they are asking and I can't commit at this time to paying monthly payments for 9 years working a job where my hours can be cut at anytime. How horrible and only attended the school for 1 year. Is filing bankruptcy an option

bankruptcy is not an option and neither is not paying. If you do not enter into repayment, they will garnish yoiu without taking you to court....15% of your disposable pay

i have a private loan and my co signer was contacted by dcs on 3/19/10.... after being hung up on that night by my rep and getting their vm on mon dcs and i went back and forth and the std that i only have 2 options: 1. settle for 10,000 2. pay 6,000 by 3/29/10 and 200 a month... i've tried to borrow the funds but of course no one will lend it to me i even tried bad credit loans.... now i just just don't know what to do.... i though my loan was in forebearance b/c i lost my job in 10/08 but aes std they never recvd the paper work... and i should've followed up, but thats the past... what do i do??? do i have any other options?? i'm willing to make monthly pymnts but they are saying these are my only options is that true??? Soap Lady i need help ASAP!!!!

i have somthing in collection right now with dcs and they took my tax return.....can they take my 401k withdrawl too???

No, they cannot take your 401k. They can however garnish your wages without a court order.

"My point is, it takes a LONG time of a loan to default. You messed up somewhere along the way. "

Not true (and somewhat condescending). Check your promissory note. You can be paid in full, but if you file for Bankruptcy (due to medical/whatever) they can "default" you as soon as you receive the final decree, without ever having "messed up".

There are a few other provisions these lenders may put in the original agreement, such as failure to inform them of an address change, etc.

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With consolidation, you will automatically be assigned to the ICR or income contingent repayment plan based on your taxable income You need to start taking responsiblity for what you borrowed....when you signed the prom note for the loan you agreed to balance in full in demand...diapers and forumula were not part of that agreement. You have the opportunity to get your loan out of default...grab it.

After reading this forum I was pretty scared to call DCS myself, but after a short talk with them I was hooked up to the Loan Rehabilitation process. As long as you are firm in what you want, but nice about it they WILL help you out. Remember they are looking for the money just as much as you are looking for a way out of the debt!

I also got a call from this company. I had had a misunderstanding with a forbearance with Citibank, and DCS called me and said I had to pay the entire loan in less than 48 hours. She asked me what I was going to do, and I said I was going to call Citibank. She was very emphatic when she told me that there was no point in calling Citibank, as Citibank had "sold" them the debt so the debt was no longer with them, it was with DCS. I got off the phone without giving any of the info the lady wanted (including the approximate worth of my engagement ring!) and immediately called Citibank. The people at Citibank were more than willing to work with me, and the problem was cleared up within 10 minutes and a few hundred dollars (I also set up a auto-withdrawal of payments so this will never happen again!!). I am all up to date now with my student loans, and Citibank also said that they do not "sell" debt. My question is: why does DCS still call me? They call 3-4 times a day, and they refuse to listen when I tell them that I worked it out with Citibank, even though I have a confirmation number from Citibank indicating that I am no longer defaulting. Citibank assured me twice that they had contacted DCS and that I should no longer hear from them. They just called again while I was writing this! What should I do?

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RE: SoapLadyI would really like to speak with you or open some dialog with my wife's situation. Would there be any way for you to email at [EMAIL="betteroffnow@gmail.com"][/EMAIL]

It's against the TOS to post your email so I removed it, if you want to discuss something with Soaplady directly send her a PM.

Post it here.....other people have probably had the same experience.

DCS collections just called my babysitter and tried to make her give out information about me such as my work and there number and she wouldn't how are they allowed to call and harrass you at work that would make me lose my job completely and then no payment would be made are they really allowed to do this??

They are doing there job, trying to get in touch with you. They are permitted to call you at work until you tell them not to.

Are you making payments?? Now that they know you are employed they may request information from the IRS to start garnishment against you.

I saw something about consolidating student loans and being set up on an income based repayment plan but I thought you couldn't do that with private loans?

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Hey Soaplady,

I started my own thread but wonder if you might see it here first...

My employer just informed me that he received an 'Oder of Withholding from Earnings' from a federal student loan I have. I have gotten other notifications from the CA before, but did not receive the 30-day notice from them regarding wage garnishment.

I have a few questions...as I understand it, I can only get out of wage garnishment after 9 months, and that is with paying above and beyond the wage garnishment amount. That true? I am getting ready to call DCS to ask about loan rehabilitation, and crossing my fingers that they somehow decide to drop the wage garnishment, as it technically hasn't started yet.

Also, is there any recourse on my end that I can take considering I never received the 30-day notice? Can I appeal? I was planning on rehabbing a few months ago but had deaths in the family and life (although not an excuse) got in the way.

Would you say that offering direct deposit would help the situation? I've heard of people getting screwed by companies taking more money out per month than the agreed upon amount. From what I can find via researching this forum, there's no real paperwork that is signed regarding a rehabilitation. Is there any recourse on my end if they do take out more than the allotted amount?

Also, is it true that w/ loan rehab, I can have them remove the collections fees to the balance?

Lastly, once those 9 months are up and my loan is bought out, it is acceptable to ask for a new statement? From DCS or from the new company?

DCS called me, and said that I would either be able to start this payment plan, Rehab or what have you, or My wages would hit a 15% deduction before taxes.
My questions are this:
Is there somewhere else I can call to check on this information before excepting a payment option?
My loan is very small, if after it has been handed over to a collection agency is there anyway I can deal with The Department of Education for payment options rather then the collection agency?
Is there anyway I can postpone the garnishing of my wages without going through a payment option of DCS?
Could the usage of telling me about the possibility of having my wages garnished be a scare tactic to opt me to start a payment option and have this fella collect some money from me?

Garnishment is 15% of your disposable pay...your gross minus taxes and health insurance.

Once handed to a CA, the dept of ed will not work with you. You do not have that option.

Wage garnishment is not a scare tactic, it is a fact. No court order is required for administrative wage garnishment. So I suggest you get into repayment with them asap.

I have loans that total $10,000. I have had previous arrangements with this company. They say this is my last arrangement, but I have defaulted again. Simply because I cannot afford the $120.00 they want me to pay. I pay 400 in rent and 400 in daycare every month and all the usual, but these people say that I can still afford it. Which I say I can't, but that is the lowest I can pay. So they say. I could afford the $50.00 payment, so why wasn't I ever offered it? What should I do if I have defaulted again? I can't pay off the loan simply because I am a single mother that gets absolutely no child support or no public assistance. Why won't they negotiate with me?

$50 wouldnt even cover your interest each month.

you need to look into consoldiating your loans before they start garnishing you

I owe on a student loan I know i owe and i want to pay and rehabilitate my loan within the 90 day period yada yada yda im on board BUT i never received an intial demand of payment letter (thats what they called it) and i before handing over a huge intial good faith payment would really like to know if this is a true company not if people agree with what they are doing or what i should do to avoid it because i owe the money i know people hate creditors they are just doing there job i am in default because i couldnt pay now im trying to find a way to pay someone said legally you dont have a leg to stand on and its true you dont you signed for the federal loan and now you owe it dont hate the person doing there job hate the fact your in the situation for whatever reason but buck up and find away to fix it they havent been unreasonable with me HOWEVER since they stated they had the wrong address oin file for me which i havent figured out how since the loan company has my correct one they should i never received any form of letter or paper stating they are infact a legit company PLEASE just let me know if they legit and they are a real collection agency thats really all im here for
THanks

Who is the company? GC Services? You avoid it a student loan and they will start garnishing you without a court order. GC services is very legit. You could have called and checked with your guarantor.

no its DCS and the lender isnt talking to us anymore they are just saying its been passed on to a collection agency we had to dig and dig to find out it was DCS were the ones who called to get the ball rolling. im not trying to avoid it i am trying to pay it i just wanted support from here that it was a real agency i did a google search and there are alot of alligations that ive found that they were a scam so im just looking to know if DCS is real and if so thats great and im going to pay im not complaining like the others on here or trying to find a way out i know its sserious and i want to pay im just covering all bases first that all.

Your lender or your guarantor? The lender files a default claim against your guarantor...and I have never heard of a guarantor not giving the name and phone number of the CA.

A simple gioogle search will show that DCS is a Department of Education collection agency.. http://www2.ed.gov/offices/OSFAP/DCS/collection.agencies.html

thank you for the site but ur being kind of rude i told u i did a google search and told u what i found so its noth that "simple" of a google search im not a dead beat who is trying to get out of something i thought this forum was for questions and answer with support. i was told word for word when i called the agency that i had my loans with and they stated"we have sent your account to collections you need to speak with them directly" i asked "okay who is it how can i contact them?" the lasy said "im sorry i dont have that information here for you" so ive done alot of homework and finally had to come here so pls dont talk down to me or tell me how i defaulted on a lona i know that im trying to fix it but got nervous with all the fraud alligations im starting to be sorry i asked a question

If you cant handle me, how will you handle DCS? Sorry, but if you are a two time defaulter you know the ropes. I find it total BS that the agency would give you the phone number...if a rep had told me that I would have been asking for someone else...they have the info.

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She asked you to check with your guarantor, not your lender - so you misunderstood. There's no reason to start attacking people. SoapLady knows pretty much anything you could want to know about student loans so, if you're telling her something that's out of the ordinary or that she's never heard of happening, she's likely going to comment on it. It doesn't mean it's an accusation. Let's put the fangs away and calm down.

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