by Geoffrey Purkis | Jul 7, 2023 | Credit Card Debt, Student Loan Debt, Wage Garnishment
What Is Wage Garnishment? Wage garnishment occurs when creditors or a government agency orders your employer to deduct a specified amount from your paycheck to pay back debts. Many types of debt can result in wage garnishment, including credit card debt, lease...
by Geoffrey Purkis | Jul 7, 2023 | Debt Relief, Student Loan Debt
Persons seeking relief from their student loan debt can try their odds in bankruptcy court. Congress has allowed debtors to get out from under their student loans only upon a showing of “undue hardship”. Only a small percentage of debtors in bankruptcy pursue student...
by Geoffrey Purkis | Sep 22, 2022 | Debt Consolidation, Debt Relief, Student Loan Debt
It can be scary when you cannot pay back your student loans, and the consequences of defaulting on loans can be severe. Several options are available to you when you cannot make the payments on your student loans. These options include: Delaying payments on your loans...