Legal Question in Credit and Debt Law in Georgia

student loan

i had a student loan 18 years ago is there a statue of limitations. the student loan was 1500 and it is now 7200.and they are threating to garnish my wadges, what can i do


Asked on 3/04/09, 5:40 pm

2 Answers from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: student loan

Student loans never go away. You need to pay it before it gets bigger.

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Answered on 3/04/09, 5:48 pm
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: student loan

Since you asked what can you do, the obvious first option is to pay the debt. Perhaps they will take a payment plan, but you'll still probably pay more than if you had simply paid off the rather modest loan over 18 years. The short answer the the statute of limitations is that for most student loans, there is not one.

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Answered on 3/04/09, 5:49 pm


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