Tag Archive for: garnishment

Consequences of Defaulting on Your Federal Student Loans

If you took out a federal student loan to pay for your education and like many young Americans find yourself currently unemployed and unable to repay your loans you could be facing some serious consequences. What recourse does the government have to collect on defaulted student loans? Seizing Tax Refunds One¬†action the government can take […]

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Who should file Bankruptcy?

Five Reasons You Should File Bankruptcy Not everyone needs to file bankruptcy when they run into financial trouble, but there are five main instances in which bankruptcy is really your only viable option. Garnishment If you have received a notice that wages will be garnished from your paycheck or they have already been garnished from […]

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