Administrative Wage Garnishment – There Are Ways to Ease the Pain
On today’s show we tackle Chelsea’s question and help her better understand her options. Student loan default doesn’t need to be a financial death sentence – you’ve got choices, but you need to be careful to sure that you’re making the best one for your situation.
Some of what you’ll hear today includes:
When requesting a hearing will stop an administrative wage garnishment – and when it won’t
The meaning of financial hardship, and what you’ll need to prove when using this argument as a shield against wage garnishment
Why the government doesn’t always need to grant a hearing on a claim of financial hardship
How to get a rehabilitation agreement with the lowest monthly payment
Get My Best Student Loan Advice (FREE)
Enter your email address and I'll send you new episodes and other updates by email. 100% free, and you can cancel at any time (but you won't want to).