How do you stop collection of a old school loan when they've already collected over 3 times the original loan amount?

I have to assume this is a federal loan you're talking about. If not, disregard the rest of this answer. Also, who is "they"? Is it a debt...

What can credit card companys come after for assets in ct if you don't pay them

Your question is really what can they do if they win a judgment against you in court (because until they do, there is nothing they can do). In...

Can I settle for less on a $500 credit card in collections and the bank now wants over $1200?

You always have the option of contacting the attorney and negotiating a settlement, be it lump sum or a payment plan. However, make sure you do...

Stopping garnishment

The short answer is probably, but it really depends on why you are being garnished. Is this from a judgment for a credit card debt? Is this from...

Can the dept of ed take both my federal and state return.

1) the Dept. of Ed. can only take your federal taxes. 2) there is no way you'll get it back 3) you need to find a way to cure your default so you...

There are a fair number of factors here. I'm not sure how messing up your FAFSA stuck you with a bill. FAFSA gets you aid, unless you mean that...

Bad Debt

I assume the 6 years you discuss is the statute of limitations in which a suit may be brought. The six years usually runs from the date of last...

I have had an "attorney" call me and say a payday loan co is pressing charges. Can they do that?

First, it doesn't matter that the company is out of California - at least it probably doesn't matter. You cannot be arrested for failing to pay a...

I'm afraid after I pay the settled amount it will get sold to another junk debt collector. What are my rights? -Layne

If the debt is truly settled, there is nothing more to collect. It sounds like they may have violated your rights under the Fair Debt Collection...

Can a collections agency legally put a hold on a person's bank account and confiscate their funds?

You need to find a consumer attorney, or one that works on debt collection defense as soon as possible. You should also go to your local court and...