Legal Question in Credit and Debt Law in Texas
I have an old outstanding Government Sponsored school loan (GSL) with a principal balance of approx $2400. For the last year they have been garnishing my wages and have to date received almost $7000 in repayment. When I called them to try and get the garnishment stopped, they agreed to $100/month payments, but want me to pay an additional $9000. Is it legal for them to tack on that much penalties and interest? How do I get them to stop this?
Asked on 2/11/10, 6:26 am
1 Answer from Attorneys
Donald McLeaish
McLeaish&Associates;, P.C.
you need to hire a lawyer...contact one expeerienced in collections..or contact us..it requires research and perhaps a lawsuit against the collectors..but it is obviously complex or you would not have such a situration...
Answered on 2/16/10, 11:06 am
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