0
2

[–] ScottRockview 0 points 2 points (+2|-0) ago  (edited ago)

Are you in default? If not send them a letter along with 12 post dated checks for the amount you are willing to pay and state in your letter. Could be $20 per Check, just indicate it is all you can pay and when you have the means yo you will pay more. Will your credit score take a hit? Yes, but if your goal is to avoid bankruptcy, this is one way to do it. Not for everybody, but if you're hard up and need a way out, this MIGHT work depending on the laws in your area.

Edit...Are you in the states and is the debt 100% student loans?

0
1

[–] Antiseed117 [S] 0 points 1 point (+1|-0) ago 

The debt is down to about 50% remaining. And yes in PA. Student loans originated in Va.

0
1

[–] ScottRockview 0 points 1 point (+1|-0) ago  (edited ago)

Have you already defaulted on the loan and this is the reason they are garnishing your wages? Have they gotten a court order to do so?

0
1

[–] lemon11 0 points 1 point (+1|-0) ago 

If they're not following the agreement, you may be able to get an injunction on them. But no idea how much that would cost in lawyers' fees. You could explain to your employer and arrange payment that can't be intercepted for more than the legal amount. It's possible some organization like the Institute for Justice could advise for cheap or free. It never hurts to ask.

[–] [deleted] 0 points 3 points (+3|-0) ago 

[Deleted]

1
1

[–] lemon11 1 point 1 point (+2|-1) ago 

But it sounds like the debt collector is breaking an agreement, as they're wont to do. That makes it impossible to effectively plan finances. Garnishment itself is the punishment or fee for whatever happened before, and they're abusing that.