SON is in trouble
Date: Sun, 01/07/2007 - 06:21
Hi Jill. It doesn't matter what state you're in, contrary to pop
Hi Jill. It doesn't matter what state you're in, contrary to popular belief. Garnishments are federally mandated. You can be garnished 25% max on this non-consumer debt, although I would guess..But don't quote me..That it would end up being 15%.
I would consider it to be unsecured, since it's court fees. Garn
I would consider it to be unsecured, since it's court fees. Garnishment laws don't really care about that, anyway..It mostly pertains to consumer and non-consumer. Then it's broken down into smaller categories from that. Garn rules are really quite simple..One of these days I'm going to post them, but I'm lazy right now and I'm not at work, so I can't verify things.
You could try and apply for a financial hardship forebearance on
You could try and apply for a financial hardship forebearance on the student loans. That might buy your son a little extra time to get the judgment taken care of.
Creditor will keep renewing the judgment until it is paid. I kno
Creditor will keep renewing the judgment until it is paid. I know judgments based upon a claim of fraud or theft cannot be discharged in bankruptcy? Speak to a bankruptcy attorney