Legal Question in Credit and Debt Law in Texas
I reside in Texas, what will happen if I default on a private student loan through Sallie Mae?
Asked on 4/10/13, 6:54 am
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
Not much. They will send you lots of letters. They can garnish up to 10% of your paycheck. They can sue you if they want to, but they don't want to.
Answered on 4/14/13, 4:37 pm
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