Legal Question in Credit and Debt Law in California
Student loans wage garnishment
I filled bankruptcy 2 years ago and everything went well with it. Unfortunately my students loans were not covered in the bankcruptcy. We are getting close to the wage garnishment stage and I wanted to know what my options are. Can I negotiate with the lender to reduce the amount I owe? Is there a way of having the loans be ''excused?''
Asked on 4/15/02, 2:50 pm
2 Answers from Attorneys
Martin Lathrop
Russakow, Ryan & Johnson
Re: Student loans wage garnishment
Yes you can negotiate with them or have a representative do it for you. There are two chances of an excusal; slim and none.
Thank you for your question.
Martin
Answered on 4/24/02, 8:55 pm
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Student loans wage garnishment
Pay them.
Answered on 4/15/02, 3:00 pm