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  1. #1
    Join Date
    Feb 2008
    Posts
    2

    Default Student Loan Garnishment

    I have a student loan that has gotten out of hand. I am trying to locate the proper compqany to make a deal with, strange enough , it is not showing on any credit report???Unless these credit reports online are scams as well? The questions is: If i make a deal for new paymnet schedule with the financial agency in charge of my loan, then, can they still garnish my income tax?

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default Re: Student Loan Garnishment

    Not usually, since they would then be breaching the agreement they made with you.

  3. #3
    Join Date
    Jul 2007
    Location
    Florida
    Posts
    2,344

    Default Re: Student Loan Garnishment

    You can call Financial Management Services, the branch of the Treasury Depratment that handles delinquent debts owed to the U.S. government (most student loans fall into this category) be dialing (888) 826-3127. There's an automated system that will let you check to see if there is a claim against your tax refund, and that automated system will give you the number of the agency that has your loan. That number is (800) 304-3107. One of those two numbers should help you find out who has your loan so you can talk to them and work out a payment plan.

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