Sentences with phrase «refunds due the debt»

In cases of federal loans, the government may also seize any tax refunds due the debt holder and apply those toward the student loan amount owed.

Not exact matches

Cancelled debts could reduce your tax refund, if you're due one, or it could increase the amount you owe.

Please read the following information related to your tax situation: Tax Topic 203, Refund Offsets for unpaid child support and certain federal, state, and unemployment compensation debts Please Note: Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state incomRefund Offsets for unpaid child support and certain federal, state, and unemployment compensation debts Please Note: Your refund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state incomrefund may be reduced to pay a past due obligation such as child support, another federal agency debt, or state income tax.

(c) Except as otherwise provided by law, when any debt is paid in full before the final scheduled payment date, the debtor may do so without penalty, and the creditor shall refund or credit the debtor with not less than that portion of the finance charge which shall be due the debtor as follows:

Consequences might include: (1) a constantly increasing debt burden (as interest accrues and due to high collection agency costs), (2) a decreasing credit score (making it difficult to borrow money in the future), and (3) default... which can lead to... (4) garnished wages (up to 15 % of disposable income), (5) withholding of your tax refunds... the list goes on and on.

Be wary of debt accumulating due to the high - interest rates on credit cards as you wait for your tax refund.

If a judge determines the tenant owes you money from past - due rent, you will receive your money one of the following ways: garnish of their wages, garnish of their tax refund, or use a private debt collector.