You recently gave this advice to someone on another post: "if you are working, dont try and pay these bills. u are too far behind. dont let them scare u either. they have laws to abide by. start a file, and keep each mailing or communication u get from them. if it has been over 180 days since u paid 1 of these people, paying wont make much difference. by law they cant continue to charge interest and penalties after this point" I didn't know this. Could you please point me to the law you are referring to? Does anyone know if this 180-day scenario would also apply to defaulted student loans? Thanks.
the 180 days would not apply to student loans. student loans are federal debts and there is no sol to prvent them from being collected . in addition, if they know where you work, they can garnish you without a court order. if you are having trouble with student loans, try requesting a forbearance. it is easy to do, and they can back date from your delinquency.
I know I've asked this before, but if the defaulted student loans have been sold to a collection agency, it seems to me the money is no longer owed to the federal government. Yes, no, maybe? Thanks.
From what a friend of mine (attorney who clerked for a BK judge during law schoo) told me, even once assigned to a collection agency, student loans are still considered student loans for the purposes of collection. I asked her, because I'm in much the same situation! Blah!!! Good luck....and cross your fingers for me, too. I'm disputing with the CA and rehabbing with Ed at the same time. Or at least, I'm trying!! I've got the CA on at least two violations of FDCPA already.
I'm curious about this too, as two of the CA who have contacted us recently are charging us interest to the tune of about $50 per month per debt.
because the federal gov't is the guarantor, it is still their debt. so they can still garnish or collect irs refunds to settle the debt.
So in effect you have to pay both the CA and the Gov.Rite.? How is paying the same account twice justified?
