My question involves collection proceedings in the State of: California
I have a large student load debt ($80K) which I have been repaying. However, because of forced retirement, my ability to pay will be significantly reduced.
My monthly income will be approximately $2k per month before taxes.
What actions can I expect when I can no longer make reasonable payments?
Will they take all my retirement income (the $2K)?
Will I have to sell my car?
What will they do to me?