I Don’t Think I Should Have to Pay Back More Than I Borrowed on My Student Loans

Question: Dear Steve, I took out a $2,000 private loan and a $4,000 Federal loan in 1997. It was to cover an accelerated program at Albertus Magnus College in CT. I was pregnant at the time and also suffering from depression and anxiety. But since I couldn’t drive anywhere myself because of my panic I … Read more

Will Consolidating My Student Loans Stop My Wage Garnishment?

Question: Dear Steve, Recently contacted by consolidation group about consolidating my student loans I also have a wage garnishment on my recent paystub’s from my college institution I was wondering if consolidation would remove that garnishment from my current paystub’s the person I spoke to you about the consolidation told me that that would not … Read more

The Easiest Way to Stop a Student Loan Wage Garnishment – Loan Rehabilitation

I can’t tell you how frequently people ask me for the best advice to deal with an Administrative Wage Garnishment for a federal student loan. It’s quite often. And the tragedy is the wage garnishment could have been easily avoided. The loans should never have been allowed to get to that point because there are … Read more

EOS CCA is Garnishing Our Wages Over a Student Loan

“Dear Steve, My husband received a call from the EOSCAA in Nov, 2013 that he owed $56000 on a student loan. Between Nov 2013 and March 2014 we tried to get to the bottom of the situation. In March the EOSCAA began garnishing his wages, twice a month at a rate of near $1000. I … Read more

I’m in an Administrative Wage Garnishment. How Can I Consolidate My Student Loans? – Tina

“Dear Steve, My wages are garnished for a defaulted student loan. I read your post about consolidating and getting on a reduced payment plan (IBR). I have tried this with my federal student loan agency and they will not allow me to do this. Their response is that I cannot consolidate while I am in … Read more

The Most Overlooked Way to Stop a Federal Student Loan Wage Garnishment

Stop Countrywide Mortgage Abuse

“Dear Steve, Student Loan in default. I have been paying my wage garnishment for almost a year. First of all, THANK YOU for being so helpful with these articles. I am trying to find more information on this new law is nearly impossible which I find odd and discouraging. So having your articles to read … Read more

Big Changes Coming for Those Struggling with Federal Student Loans

Let’s get the bad news out of the way, none of this good news in this article applies to private student loans. When it comes to private student loans my advice remains the same as it has been, avoid them like the plague. But for federal student loan holders as of July 1, 2014 a … Read more

As an Employer Do I Really Have to Garnish My Employees Wages for a Student Loan Debt? – Mike

“Dear Steve, Just received an Order of Withholding From Earnings for one of our employees, from ECMC in regards to student loans the employee apparently defaulted on. There is reference to Federal Law and threat to the Employer if we don’t granigh 15% of the employee’s wages. I’m not familiar with this Company and their … Read more

I Owe the Government Money and They Are Taking it From My Pay. – Vince

“Dear Jim, i need to pay the gov. back over 10,000. they are taking my money from my pay leaving me with hardly enough to live.on.i need to pay back taxes to them. plus the mva. i want to pay but its taking to much and to long. i need help of some kind please! … Read more

The Virginia Department of Taxation is Taking All of My Pay. – Leslie

“Dear Jim, I owe back taxes to the state of Virginia for ’06 and ’07. I neglected to pay only because I was dealing with a brain tumor. The VA Dept. of Taxation levied a garnishment of 100% of net. VA Dept. of Taxation uses federal tax exemptions not federal limits for garnishment. At least, … Read more

I Got My Wages Garnished for an SSI Overpayment. Help! – Fran

“Dear Steve, 63 years old got an overpayment in 2000 and 2001 from social security SSI. I paid them 10$ for 5 or 6 years and then stopped. I got a notice 3/7 that my wages were garnished. I called HR at work and they said, ‘sure, we got notified last week sometime.’ I make … Read more

My Wages Were Garnished for a Student Loan Without Taking Me to Court. – Pamela

“Dear Steve, I have a student loan….i went thru the rehab program last year…i couldn’t agree with nco on a set payment of 115.00 a month they said to low…they sent paperwork to my job for garnishment…my question is this the garnishment was sent from ecmc letterhead in re: nco financial for garnishment..i was told … Read more