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  1. #1
    Join Date
    Mar 2011
    Posts
    1

    Default Debt Collector Advising Me Not to File Taxes Over Defaulted Student Loan

    My question involves collection proceedings in the State of: South Carolina

    So I have a student loan that is defaulted and currently enrolled in a rehabilitation program. When the agent was helping me setup my monthly payments he asked if I had yet filed my taxes, (this was in january,) when I informed him that I had not yet filed he told me to hold off because they could be intercepted. He even gave me a number to call the IRS and check if I was in fact on the offset/interception list. He told me that after 4 on time monthly payments in the agreed upon amount that I would no longer be flagged for tax interception and instructed me to go ahead and file for a filing extension. By filing for the extension I would be able to make my 4 monthly payments and then when I do file I would no longer be on the intercept list. My question is why do these guys care whether my taxes are intercepted or not? My income tax return is about 1/2 of the debt. Do they stand to lose money by having my taxes intercepted and paying off almost 1/2 of the debt. I just can't see why the collection agent would care whether or not I receive my taxes. The only reason I suspect an underlying motive is because both agents I spoke to relayed the same message about not having my taxes intercepted.

  2. #2
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Debt Collector Advising Me Not to File Taxes Over Defaulted Student Loan

    Is this a third party collector. He's probably acting illegally. You are right. There's no great advantage in doing it his way (other than he gets a commission most likely).

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