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Wage garnishment and holding tax refund

Date: Tue, 01/25/2011 - 21:12
Submitted by on Tue, 01/25/2011 - 21:12
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What can I do to eliminate either one of a wage garnishment and holding my tax refund for my defaulted student loan? My wages have been garnished for 13 months and my tax refund has been held for two years. I am a single parent and my daughter and I are living in a shed, literally, as a result. My mother is letting us live in her storgage shed because I can't afford to pay rent or utilities now. I had to cancel the insurance on my car because I could not afford it either.

Either the wage garnishment or the taxes being held wouldn't be too bad, but having both withheld, is hurting alot.

I would really appreciate any advice from those who have walked through this and come out the other side with success.


I can understand that you're facing a tough situation. You can take out a debt consolidation loan and pay off your student loan in full. This will help you stop the wage garnishment and you won't have to give away your tax refunds. However, in order to get a debt consolidation loan, you should have a good credit score and income. There may be certain debt relief companies who may assist you with debt consolidation program for student loans. You can take their help in paying off the dues.


Submitted by Anna Sweeting on Wed, 01/26/2011 - 01:16

Anna Sweeting

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SoapLady,

So where does this leave me? Is there anything I can do to get some relief? I tried to not default. I offered a monthly payment that was affordable to me, but it was not accepted. Now, the guarnator is getting less is thegarnisment than I offered. Any suggestions?


Submitted by on Wed, 01/26/2011 - 14:27

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