Sentences with phrase «social security payments garnished»
Whether you have to pay them now through wage garnishment, or later, by having your Social Security payments garnished, the student loan servicers and the US Government have a huge system in effect that prevents escape.
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This would be far less punitive than the current practices of garnishing wages, Social Security payments, or earned income tax credits to collect on student loans.
They can garnish your wages, tax refunds, Social Security, and any other government payments.
The government can seize tax refunds, deny new federal student loans and grants, garnish wages without a court order, take a portion of Social Security payments, and charge very high collection fees.
If you owe money to the IRS, Social Security disability payments can be garnished through the Federal Payment Levy Program.
Because the DOE and federal government have so many resources for collecting debt (income tax returns, social security payments, wage garnishing), it is rare they ever accept a debt settlement.
When the kid didn't pay the government could garnish grandma's social security payment.
Beginning in 1996, laws changed to allow Social Security payments to be garnished to repay student loan debts.
In fact, if you fail to make the monthly payment, the government could garnish your Social Security payments — something that can and does happen.