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Can They Do That With My Transcript?

Question:

Dear Steve,

Can a college still withhold your transcript if the debt has been passed on to a debt collector?

Cat

Answer:

Dear Cat,

If the debt is still owed I don’t see why not. The transcript is held as collateral until the debt is satisfied.

One way to release the transcript is to file bankruptcy. It might be a big solution for a relatively small debt.

Sincerely,


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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Damon Day - Pro Debt Coach

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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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