Legal Question in Credit and Debt Law in Indiana

Student Loan Defaults

If you are in default of a student loan can anyone freeze or otherwise touch a bank account or other funds that may have your name on it?


Asked on 2/28/05, 4:01 pm

1 Answer from Attorneys
John Bator Bator Redman & Shive

Re: Student Loan Defaults

Generally they need to have a judgment first although they can take tax refunds without giving notice. If they have a judgement, they can freeze your account without notice followed by a hearing to take the money. Consult an attorney, its free to talk to a bankruptcy specialist

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Answered on 3/01/05, 10:35 am


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