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Can They Do That With My Transcript?

Question:

Dear Steve,

Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.

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.


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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