Hot Student Stories

Can a student loan company withhold your income federal income tax returns if they are garnishing your wages?

William Cain

in Student Loans

1 answer

1 answer

Victoria Fowler on November 27, 2018

In the united states, if Federal Student Loans are in default, then your original lender was paid 97% of its value of credit Federal Guarantee Agency. Ensure the Organisms are basically of the insurance companies. When your lender was paid, the Guarantee Agency took ownership of your loans. Guarantee Agencies have the right by law to keep any Federal income Taxes on the money that is owed to you. They also have the right to garnish wages and to garnish Social Security benefits. If you need help getting out of default and get off the tax offset list, click on my profile, StudentLoaner, below.

Add you answer