Legal Question in Credit and Debt Law in California
Would Federal Pell Grants and subsidized student loans be exempt from a bank levy from a creditor. In addition, I was not aware of the levy until my bank called to notify me. I did not receive notice regarding the court judgement. Any way of getting money back.
Asked on 8/12/10, 2:22 pm
2 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
No. I don't believe you were unaware there was a court judgment against you.
Answered on 8/17/10, 2:35 pm
Student loan funds are not exempt. If you got no notice of the lawsuit, you need to file a motion in the court that issued the judgment to set aside the judgment and quash service of process.
Answered on 8/18/10, 4:35 pm
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