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Can they garnish my wages? Should I get a Lawyer?

Albany, NY |

My student loan is in default. The debt collectors are calling my job. I would like to settle the debt if at all possible.

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Attorney answers 2


They can garnish your wages if they get a money judgment against you.

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If they proceed with a lawsuit and obtain a judgment they can file a garnishment. Also, some federally insured student loans can attach tax refunds.