A Story of How Student Loan Garnishment Changed Someone.
I was now a veteran Borrower counselor (collector), and it was even appropriate to attach the word “senior” to my job title. Being a collector for such a long time numbed my heart. They say that the collection industry can create a monster out of almost every person. A Borrower counselor said things like, “Criers are payers” and “We can’t squeeze blood out of a rock, but we can crush it”. In the call center I will pick dirt out of my nails, as I listen to people cry over their predicament. Some will say that it is just the nature of our business, but I noticed my character slowly mutating. As a senior borrower counselor my heart had turned to stone. Looking back now, I was Department of Ed’s rabid German Sheppard.
Every day is an interesting day for me, speaking to people with different problems in their lives. One of today’s tasks was to contact a person working for a very large company. I had been working this account for about 45 days now. Mrs. Jane Garnishin was a call center rep, the cuddly and harmless ones. At first, my intention was to contact her prior to the wage-attachment (garnishment) but she was so hard to reach. She must have worked with loads of employees because I had a tough time getting in touch with her. I am not sure if she received my messages, but I was totally fed up with chasing this damsel (continued)….
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HOW TO STOP ADMINISTRATIVE WAGE GARNISHMENT
What Exactly is a Student Loan Federal Wage Garnishment?
Student loan federal wage garnishment is a process where Department of Ed deducts amounts from your wages to satisfy a defaulted federal student loan. Dept. of Ed will make a decision based off the collection agencies recommendations. With federal educational loans there is no need for them to obtain a court order to initiate the garnishment. They consider the AWG to be a tool of last resort, and typically the garnishment will take place because of non-contact. Department of ED requires their representatives and the collection agency offers you “reasonable and affordable” payments before the garnishment is finalized. If you do not qualify for garnishment the collection agency will recommend litigation.
What are your rights as a student loan borrower?
- They should send you a written notice 30 days before the garnishment notice is sent to your employer and this letter will notify you of Dept. of Ed’s intent to garnish your wages. Typically if you respond in a timely manner they will allow you to make voluntary payments. In most cases because of an invalid address this “Intent to garnish” letter does not make it to the recipient. During this 30 day period it is much easier to stop the garnishment process.
- Even after this 30 day period you still have the ability to challenge the garnishment if it will cause financial hardship to you or your dependents. At this point, challenging the garnishment could be difficult if you do not understand their process. It’s always recommended that you show proof of income and proof of obligations (bills) to prove your financial hardship.
- You should have the opportunity to request a copy of your signature on the promissory note, and to inspect a copy of the payment history.
- You should also have the opportunity to challenge the garnishment if you are disputing the existence of the loan or the amount of the defaulted student loan balance.
- Dept. of Ed and the collection agency should only provide your employer information that is necessary for the garnishment process.
- An opportunity to challenge the garnishment if you have been employed with your employer for less than 12 months after being discharged involuntarily from your previous employment.
Do You Want to FINALLY Get Rid of Student Loan Troubles?
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Click Below to get the “The Confessions of a Rogue Student Loan Collector”. He reveals the truth behind what really happened to your defaulted student loan.
