Loan Rehabilitation

Student Loan Default – Stop Student Loan Garnishment (Defaulted Student Loan Stop Student Loan Wage Garnishment)

Posted by on October 19, 2010 at 11:17 am

Mr k asked: What is Administrative Wage Garnishment (AWG)?Administrative wage garnishment (A.W.G) is the process by which a Federal agency (Dept. of Education) or a third-party given authority by a Federal agency (the collection agencies) may, without first obtaining a court order, order an employer to withhold amounts from the debtor’s wages to satisfy a [...]

Student Loan Default – Student Loan Tax Offset (Defaulted Student Loan – Student Loan Treasury Offset)

Posted by on October 19, 2010 at 8:56 am

Mr k asked: What is a Treasury Offset?Under this Treasury Offset Program, the Financial Management Service, a bureau of the US Department of Treasury will offset Federal and/or State payments if a borrower fails to pay their obligation.  While the most common type of Federal payment offset is Federal income tax refunds, several other types, [...]