Friday, May 18th, 2012

Can a creditor garnish my wages if I had a loan in 2001 that not a student loan, but used for school?

August 21, 2010 by  
Filed under Student loans

I received a call today from a creditor garnish my wages if they did not pay me. I never received a bill for this year and thought it was consolidated with my Student loans, but confirmed it was a personal loan. I do not know where to go with it. It was taken in 2001 and some people tell me to wait seven years and will file and others say they garnish my wages. A credit history that demonstrates positive and negative among other shows. Please help!

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4 Responses to “Can a creditor garnish my wages if I had a loan in 2001 that not a student loan, but used for school?”

  1. Judy says:

    If a loan is legitimate and real that you do not pay, then yes, they can sue you, and if they get a decision, you can decorate your salary.

  2. Trade Show Guy says:

    Garnishment requires a ruling that the employer may be submitted. If you have not responded to something in the past and they have asked for a decision which does not show that you have to cover, they might be able to do so.

  3. Jude says:

    Each creditor may assign to garnish your wages if they go through the proper legal procedures. Sometimes they threaten, but sometimes serious. Try to give you a good credit bureaus to help you, or negotiate with the creditors (and the other is found on the know). Look for credit counselors “or debt management” services in your area every time it is. They can help you organize reasonable (affordable) and to prevent the garnishment of payments of wages.

  4. Jimmy John says:

    You can rigth, but you’ll be able to manage something, because if the loan is alt.Machen their final offer. 25% of the loan, cash, today. You must accept. Make sure you speak directly with the lender, how many collection companies debt buy old debts and try to collect. You’ll never go to court because he is not likely wert.Viel!