Can I stop my wages from being garnished for a defaulted student loan The company that is garnishing by check says that the money that is being taken from my paycheck is only paying their fee, not any part of the loan. Is there any way that I can repay it?

Can I stop my wages from being garnished for a defaulted student loan The company that is garnishing by check says that the money that is being taken from my paycheck is only paying their fee, not any part of the loan. Is there any way that I can repay it?
by

1 Answer

Answer :

You cannot get out from under a student loan. If you have the ability to pay back the loan do so as quickly as possible as your interest will rapidly increase the principle, especially if part of your garnishment is not covering it.
by

Related questions

If I am already being garnished from one company. Can another start garnishing me also leaving me with little to none to live on ?

Description : If I am already being garnished from one company. Can another start garnishing me also leaving me with little to none to live on ?

Last Answer : Yes, this is legal. However, you can contest it if you do not have enough income to live on. Provide documentation of living expenses when you contest it.

My buddy just called and said that his bank account was just hit for 11,000. He has been paying child support and has had his wages garnished. How can they just go in and take that money from him?

Description : My buddy just called and said that his bank account was just hit for 11,000. He has been paying child support and has had his wages garnished. How can they just go in and take that money from him?

Last Answer : Although it does not seem right, the government has the ability to do so, if he really finds the matter to be unethical because hes making his child support payments then he can contact an attorney to review the situation with

can I stop child support from garnishing my wages if I don't owe anything in back child support ?

Description : can I stop child support from garnishing my wages if I don't owe anything in back child support ?

Last Answer : Court dates can be postponed for any number of reasons. If it appears this is a stalling tactic by the other party, you may want to have your lawyer file contempt.

Can wages be garnished from a Social Security Disability or SSI check?

Description : Can wages be garnished from a Social Security Disability or SSI check?

Last Answer : It depends on who is owed. The government can do it, but the average person with a court settlement usually cannot.

Which expenses do I have to reimburse to the Plaintiff for garnishing my wages?

Description : Which expenses do I have to reimburse to the Plaintiff for garnishing my wages?

Last Answer : Need Answer

Anyone ever have their wages garnished?

Description : Anyone ever have their wages garnished?

Last Answer : Has not happened to me but I guy I worked with was behind on alimony payments. His ex’s lawyer hit him with the max for 3 months.(six pay checks).

If you had a paying/paycheck job as a teen, what were your best memories?

Description : If you had a paying/paycheck job as a teen, what were your best memories?

Last Answer : Cashing the check.

In the state of California how much can legally be garnished out of minimum wage 40 hour check?

Description : In the state of California how much can legally be garnished out of minimum wage 40 hour check?

Last Answer : income garnishment

I make around 350-400 every two weeks about how much will I get garnished out of my check. Thanks Shannon ?

Description : I make around 350-400 every two weeks about how much will I get garnished out of my check. Thanks Shannon ?

Last Answer : It depends on your dependents and whatnot. Could be anywhere from 50-150 dollars.

What would the lender do in case the borrower fails to repay the loan? -SST 10th

Description : What would the lender do in case the borrower fails to repay the loan? -SST 10th

Last Answer : If the borrower fails to repay the loan, the lender has the right to sell the asset or collateral to obtain payment.

Express in one word "the loan that is made to repay the loan" ?

Description : Express in one word "the loan that is made to repay the loan" ?

Last Answer : Answer : The loan that is taken to repay the loan is in one word "loan".

What happens if I don't repay an auto title loan?

Description : What happens if I don't repay an auto title loan?

Last Answer : You will lose the car if the Auto title loan is not paid. The lapse in repayment can result in reposession of the car.

At what level of income must you be to start paying back a Private Student Loan?

Description : At what level of income must you be to start paying back a Private Student Loan?

Last Answer : You will have to start paying it back six months after you graduate. If you are still unemployed or making very littl you can typically defer the payments for up to three years but usually interest will ... it is a graduated payment plan which means your payment will go up the more money you make.

Can student credit cards be used to repay loans?

Description : Can student credit cards be used to repay loans?

Last Answer : Whether or not a you can repay loans with a credit card depnds on the policies of you debtors. You can pay some student loans with a credit card, if you are in default. However private lenders are under no obligation to accept credit card payments.

How much money will be taken out of my paycheck for income taxes if I get paid minimum wage?

Description : How much money will be taken out of my paycheck for income taxes if I get paid minimum wage?

Last Answer : Working through a financial calculator will help to show the value taken out of your paycheck. This website provides a calculator to view what you should expect can be taken out of your paycheck http://www.moneychimp.com/features/tax_brackets.htm

Can a payday loan company garnish my wages? Also are they allowed to call my work and speak to other employees and tell them that I commited Fraud?

Description : Can a payday loan company garnish my wages? Also are they allowed to call my work and speak to other employees and tell them that I commited Fraud?

Last Answer : answer:When you took the loan, I'm sure you put your name on a contract. If you didn't meet the terms of that contract, they are allowed to try to claim their money. My rule of thumb ... a harassment claim, but that would likely cost you money to pursue. Still, most lawyers give free consultations.

In case the depositor not made any transaction in PPF account. a) Rs 50/- will be collected for the one financial year b) Rs 100/- will be collected for no transaction was made for two financial year in shape of cash and credited into UCR c) Condone default is called to the defaulted deposit d) All the above

Description : In case the depositor not made any transaction in PPF account. a) Rs 50/- will be collected for the one financial year b) Rs 100/- will be collected for no transaction was made for two financial ... of cash and credited into UCR c) Condone default is called to the defaulted deposit d) All the above

Last Answer : d) All the above

Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do this. But my bank refuses to "stop payment" on these tranfers even though its my money and it has no obligation to X. What's the law on this?

Description : Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do ... tranfers even though its my money and it has no obligation to X. What's the law on this?

Last Answer : answer:Hmm, I suppose you're from USA. Don't know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed eventually. But ... what you can't do with you money. I'd threaten them I'm gonna change the bank or smthng.

If services/facilities are available as a result of your being a member of an organisation, but you choose not to use them, do you therefore have a good argument for paying a reduced membership fee?

Description : If services/facilities are available as a result of your being a member of an organisation, but you choose not to use them, do you therefore have a good argument for paying a reduced membership fee?

Last Answer : answer:It is unreasonable for an organization to have to fine tune its membership fees, unless there is a large minority with the same issues. What’s “subs to go towards areas other than those…” mean?

Mary's paycheck was for $600.00. When she cashed her check at the bank, the teller gave her a total of 40 bills, both tens and twenties. How many tens did the teller give Mary?

Description : Mary's paycheck was for $600.00. When she cashed her check at the bank, the teller gave her a total of 40 bills, both tens and twenties. How many tens did the teller give Mary?

Last Answer : 20

I am currently and have been paying faithfully a collection agency 50.00 a month to settle a medical debt. The agency is now threatening to garnish my wages for more. can they do that.?

Description : I am currently and have been paying faithfully a collection agency 50.00 a month to settle a medical debt. The agency is now threatening to garnish my wages for more. can they do that.?

Last Answer : NO. If you are paying a little at a time they can not garnish wages. The collection agency can not garnish your wages.The only agency that can do that is the Internal Revenue Service. It is better ... took a settlement. 50.00 a month try that toward your outstanding balance and pay more if you can.

All of the following are direct implications of hiring a second shift except: a. increased production capacity. b. paying higher wages to second shift. c. training costs. d. increased MTBF. e. recruitment costs.

Description : All of the following are direct implications of hiring a second shift except: a. increased production capacity. b. paying higher wages to second shift. c. training costs. d. increased MTBF. e. recruitment costs.

Last Answer : d. increased MTBF.

What is the highest income tax percentage that can be taken out of one's paycheck?

Description : What is the highest income tax percentage that can be taken out of one's paycheck?

Last Answer : In the year 2012, the highest income tax rate percentage for the United States is 35%. This is for someone who makes over $388,000 per year. On the other end of the spectrum, someone who makes less than $8,700 per year has a rate of 10%.

Is there a way to get donations via pay pal without paying a fee?

Description : Is there a way to get donations via pay pal without paying a fee?

Last Answer : Paypal is not going to work for free. No.

The speaker says, ̳at first as a student I wanted freedom only for myself.‘ Why do you think he only thought about himself? (a) He didn‘t want to think about the freedom denied to others. (b) He was being selfish and was only bothered about himself. (c) He didn‘t think that freedom denied to him was important for others. (d) He was too young to realise that freedom was denied to others as well.

Description : The speaker says, ̳at first as a student I wanted freedom only for myself. Why do you think he only thought about himself? (a) He didn t want to think about the freedom denied to others. (b) ... was important for others. (d) He was too young to realise that freedom was denied to others as well.

Last Answer : (d) He was too young to realise that freedom was denied to others as well.

How can I repay some of the software companies that offer freeware programs (without donating money)?

Description : How can I repay some of the software companies that offer freeware programs (without donating money)?

Last Answer : If they have websites, see if their websites contain ads. Click on a few of their ads.

My checking account was garnished on Friay. I receive my salary through direct deposit at my bank, and they took all of it! Isn't this illegal I need help. The garnishment is for bills while in the hospital for a week and subsequent anti biotic treatment?

Description : My checking account was garnished on Friay. I receive my salary through direct deposit at my bank, and they took all of it! Isn't this illegal I need help. The garnishment is for bills while in the hospital for a week and subsequent anti biotic treatment?

Last Answer : No that had to go to court to be able to do that. You will have to prove how much you need to live on and they will take the rest. Unfortunately, this is very legal. You should have received a legal notice informing you of the garnishment.

Is law school worth $150k in student loans, 3 years' lost wages, and concomitant stress?

Description : Is law school worth $150k in student loans, 3 years' lost wages, and concomitant stress?

Last Answer : Law school does not have to cost that much. My “sister-in-law” just graduated from law school. Considering how much she’s currently earning at her entry-level position, I’d say yes.

Suppose you are checking student's answer books, all of a sudden you have finished red refill. You call an student and order him to bring a refill. What would you like to do in such a situation? Options: A) You will give him required money for the purpose B) You will return the money when student show courteous gesture C) You think that students money is teachers own money D) You will feel ashamed when you will be paying for such a small amount

Description : Suppose you are checking student's answer books, all of a sudden you have finished red refill. You call an student and order him to bring a refill. What would you like to do in such a situation? ... is teachers own money D) You will feel ashamed when you will be paying for such a small amount

Last Answer : A) You will give him required money for the purpose 

If i have my own iPhone and i download the SDK for it can i actually upload the application (that i've made) onto my iPhone without paying the $99 dev fee to try it out? (i am a dev just a free one)

Description : If i have my own iPhone and i download the SDK for it can i actually upload the application (that i've made) onto my iPhone without paying the $99 dev fee to try it out? (i am a dev just a free one)

Last Answer : yes, there is an option to build to the phone. It is explained within the sdk itself.

For paying liabilities not taken over by the purchasing company, the vendor company credits: A. Realisation account B. Bank account C. Liabilities account. D. purchasing company account

Description : For paying liabilities not taken over by the purchasing company, the vendor company credits: A. Realisation account B. Bank account C. Liabilities account. D. purchasing company account

Last Answer : B. Bank account

Under Obamacare how much money of my paycheck will be deducted?

Description : Under Obamacare how much money of my paycheck will be deducted?

Last Answer : From what I have read you don’t make enough to be effected.

Does it cost money to have my student loan consolidated?

Description : Does it cost money to have my student loan consolidated?

Last Answer : Usually there are at least some bank fees associated with any type of debt consolidation. Usually they include time spent on the paperwork and loan processing fees.

Can a loan that charges a fee of any kind be considered a "simple interest" loan?

Description : Can a loan that charges a fee of any kind be considered a "simple interest" loan?

Last Answer : answer:As I understand it, simple interest just ignores compounding. Like this: FV = principle interest periods. I would have thought compound interest is the conventional way to do a bank loan, ... interest rate, n = number of periods Is the fee being discounted? What context is this for?

Is there a fee to pay to remove ones name off of title and or loan on a home in florida.?

Description : Is there a fee to pay to remove ones name off of title and or loan on a home in florida.?

Last Answer : There is a fee to get someone off your title because you would have to get a new title. As for getting someone off a mortgage, you would need to refinance the loan without that other person on the loan and there are always cost associated with doing that.

.Which of the following fee arrangements is in violation of the Code of Professional Conduct? a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan. b. A fee based on the outcome of a bankruptcy proceeding. c. A fee based on the nature of the service rendered and the CPA's particulaexpertise instead of the actual time spent on the engagement. d. A fee based on the fee charged by the prior auditor.r

Description : .Which of the following fee arrangements is in violation of the Code of Professional Conduct? a. A fee based on whether the CPA's report on the client's financial statements results in the approval of a ... actual time spent on the engagement. d. A fee based on the fee charged by the prior auditor.

Last Answer : A fee based on whether the CPA's report on the client's financial statements results in the approval of a bank loan

Which of the following acts of the CPA would be most likely a violation of the Code of Ethics? a. Assisting a client in preparing a financial forecast. b. Acting as auditor of a non-charitable organization with audit client serving as president. c. Accepting a fee in a tax matter that is contingent upon the result of an administrative proceeding. d. Having an immaterial loan to the president of an audit

Description : Which of the following acts of the CPA would be most likely a violation of the Code of Ethics? a. Assisting a client in preparing a financial forecast. b. Acting as auditor of a non- ... upon the result of an administrative proceeding. d. Having an immaterial loan to the president of an audit

Last Answer : Having an immaterial loan to the president of an audit

How to calculate how paying extra principle on a loan changes payoff date?

Description : How to calculate how paying extra principle on a loan changes payoff date?

Last Answer : link for a loan calculator. You can add extra payments in the second section.

If you are on a budget, and are having a hard time paying off debt. Is consolidating your debt with a loan a good option?

Description : If you are on a budget, and are having a hard time paying off debt. Is consolidating your debt with a loan a good option?

Last Answer : Not always. Sometimes it just aggravates the problem. See a debt counselor first.

When getting an auto loan, is the title different in California than paying cash for a car?

Description : When getting an auto loan, is the title different in California than paying cash for a car?

Last Answer : Yes, taking out an auto loan means that there is a lienholder on the title of the vehicle. Once the loan is paid off, the lienholder is removed and it is owned free and clear.

Since crows are known to repay you with shiny trinkets for feeding them, would it not make sense to use them en masse to recover lost items?

Description : Since crows are known to repay you with shiny trinkets for feeding them, would it not make sense to use them en masse to recover lost items?

Last Answer : But you could never be specific as to what you were looking for. Not the keys to a Ford. I need the keys to a Chevy you silly bird!

How would you repay someone for pulling your butt out of a really bad situation?

Description : How would you repay someone for pulling your butt out of a really bad situation?

Last Answer : Well if they are really your friend, you would not have to thank them. Maybe a thank-you but thats about it. Remember in friendshp their is no Sorry and no Thank-you:)

Ability to repay credit: Consumer and Creditor responsibilities?

Description : Ability to repay credit: Consumer and Creditor responsibilities?

Last Answer : I think it’s the consumers job to know what they can afford. It’s pretty simple math.

I can't repay my business debt, what are my options?

Description : I can't repay my business debt, what are my options?

Last Answer : answer:Speak with a lawyer about filing bankruptcy (seek protection from creditors, rather than to be placed in receivership and liquidated). This will trash your credit, but gives you a chance to ... , consider opening a commercial credit line (American Express is my favorite) to tide you over.

Should lenders be allowed to make loans they don't expect borrowers to be able to repay?

Description : Should lenders be allowed to make loans they don't expect borrowers to be able to repay?

Last Answer : answer:No, they should not. It is greed on their parts. Should people think responsibly and not take on more debt than they can? Of course. In the case of some of these outrageous mortgages, ... simplifying the process and forcing them to disclose in plain English would go a long way to helping.

How did Andrew Jackson repay his supporters when he was elected president?

Description : How did Andrew Jackson repay his supporters when he was elected president?

Last Answer : Need answer

What past tense of repay?

Description : What past tense of repay?

Last Answer : The past tense of pay is paid. So the past tense of repay is repaid

After World War I, which country contributed to the Stock Market Collapse of 1929 because it was unable to repay its loans?

Description : After World War I, which country contributed to the Stock Market Collapse of 1929 because it was unable to repay its loans?

Last Answer : A+