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Ask The Get Out of Debt Experts

Tell Me How to Stop the Social Security Garnishment for Student Loans

social security card

“Dear Steve, My husband receives social security disability and his monthly check is being garnished for student loans. I am unemployed and my husband receives $1,013 per month in disability. Of this amount $30 is withheld for repayment of an overpayment from his initial payment from social security and $150 is being withheld for his student loans, which began in ... Read More »

    I Want to Move to the UK But Will a U.S. Bankruptcy Hurt Me?

    Uk Law

    “Dear Jon, I am divorced and through separation and divorce agreement, my ex was to take on all debt and pay it. He has not and my credit is awful. But what I owe is connected with the ex, I have no other debt.. My question is to find out if I were to file bankruptcy here in the US, ... Read More »

      Is There Any Hope for My Son to Bankrupt His Private Student Loans?

      Decision time

      “Dear Steve, My son has about 150,000 in private student loan debt. Which I feel is my fault as I filled out the paperwork and told him never to worry we would work it out and then the 2008 collapse. Could you recommend the best course of action for dealing with these. Filling for bankruptcy with an attorney or on ... Read More »

        My Reaffirmed Mortgage Shows on My Credit Report as in Bankruptcy

        credit good

        “Dear Steve, My house was not included in my bankruptcy, but my mortgage lender is reporting it as “included in bankruptcy”. I filed bankruptcy (ch 7) in 2008. I signed a reaffirmation with my mortgage lender, but my credit reports remain messed up. 1 agency has no info of a mortgage, 1 shows my balance reducing monthly, but carries it ... Read More »

          Should I Stop Making My Car Payments? I’m Depressed and Hate My Job.

          Calm boy praying against a white background

          “Dear Steve, I’m 27 year old single guy, currently working in an IT company, however these past few months has been a depressing experience, the first few months were fine and assuming that I will stay with the company, I bought a new car. The commute is almost 2 hours (one way). To cut it short, I hate the job, ... Read More »

            This is One Way to Get FFEL Spousal Consolidation Loans Forgiven

            Cure the disease

            “Dear Steve, I have been a government employee and/or public servant since 1991. I am now 45 and I hope to retire by age 72. In or around 2002, I consolidated my law school student loans with my then husband into both a FFEL subsidized and unsubsidized loan. The total amount consolidated was roughly $42,000. As fate would have it, ... Read More »

              Can My Student Loans Be Forgiven After Ten Years?

              break free from prison pressure or quit job running away towards

              “Dear Steve, I have student loans that are more than 5-10 years old from undergrad and graduate school of $84,000 or more. I have made payments over the years but not consistently. recently my wages were garnished and created a financial hardship for me. After a least ten years or more could my loans be forgiven? I just read your ... Read More »

                Can We Release the Cosigner on Our Parent PLUS Loans?

                Student Loan Corkboard Concept

                “Dear Steve, My husband took out several Direct Parent Plus loans for our daughter’s education (federal loans). Because his credit wasn’t the greatest my father-in-law endorsed those loans. Now that my daughter has graduated we consolidated those loans. We only make about $60,000 a year between the two of us so we need a repayment plan with low payments. We ... Read More »

                  Sallie Mae Won’t Help Me Lower My Interest Rate

                  Mature woman confused

                  “Dear Steve, Student loans from 1997 at 8.5% fixed rate when consolidated federal loans. I cannot get any help from Sallie Mae to reduce my interest rates. I don’t want to refi with a personal loan because I’ve been laid off three times during my career. I tried Income based for one year reduced my loan amount $100 but now ... Read More »

                    My Opera Singer Wife Will Never Get Out From Under the Student Loans

                    Women fighting

                    “Dear Steve, My wife has several federal student loans from grad school dating back to around 2005 She also took out two private student loans through Chase in 2005 and 2006 It has been sold several times and now is with AES. The interest is killing us. She sings opera, I’m a personal trainer. we simply don’t make enough. She ... Read More »

                      Can I Get Back Into the UK From India With My Bad Debt?

                      ukflag

                      “Dear Jon, I was on a student visa from Oct 2009 to Jan 2011. I owed a sum of 1500 GBP in total to 3 network, Littlewoods.com by taking mobiles and some gadgets. But I never paid back since I had no job in UK (Not intentional though). I came back to India in Feb 2011. Now my company in ... Read More »

                        We Have No Savings, an Underwater Mortgage, and the Car Just Died

                        Drowning swimmer

                        “Dear Steve, I have $11,000 in debt, no emergency fund; home seriously underwater; car died and employer just dropped our healthcare coverage, which looks like it will add another $500 to my monthly expenses. It looks like I need to address 3 of the aforementioned expenses immediately; how will this impact my credit score or what strategy should I do ... Read More »

                          How Can I Lower My Parent PLUS Loans for My Daughters Nursing School?

                          Ready to Collapse

                          “Dear Steve, I am a single mother and a NYC public school teacher who is retiring this June. I am 62 and I have been taking out Parent Plus loans and will have to take out more until my daughter graduates from nursing school in December 2016. My estimated Parent PLUS Loan will be around 70 max. by the time ... Read More »

                            How to Prevent a Tax Refund Intercept on a Defaulted Student Loan

                            IRS

                            “Dear Steve, I recently inquired to see if my defaulted student loan would offset my tax return. The FMS 800 number stated that my tax return may be offset for my debt to the US Department Of Education. My question is my husband and I file a joint return and we are now in a position to take care of ... Read More »

                              Can You Really Help Me Get the $50 PayPal Owes Me?

                              help woman

                              “Dear Steve, I was contacted via email by PayPal Extras MasterCard® on 5 Nov 14 offering a $50 statement credit for a $100 purchase made by 31 Dec 14 on an approved PayPal Extras MasterCard. I applied for the card, was approved and made the required minimum purchase on 11 Nov 14. Now, despite 3 billing cycles since the purchase, ... Read More »

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