Legal Question in Credit and Debt Law in Iowa
School loans
Can you tell me if there is a legal percentage of salary taken to repay school loans? My daughter is being charged 50% of her salary currently. Is there a minimum we could talk them down to legally? Please reply asap. thank you
Asked on 10/12/06, 3:24 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: School loans
Do they have a judgment? There are statutory limits on wage garnishment. Call oe email for assitance.
Answered on 10/12/06, 3:43 pm