The Government Will Garnish Your Wages: Here’s How To Avoid That if you Don’t Pay Your student Loans
But education loan financial obligation is among the worst forms of financial obligation to possess if you can’t pay—it can’t be released in bankruptcy, and, due to the fact main loan provider of education loan cash is the U.S. Federal government (or, since it calls itself regarding the pupil help site, “The Proud Sponsor regarding the American Mind, ” which, if you believe about any of it way too hard, makes no feeling), delinquent borrowers may be at the mercy of brutal collection practices—including wage garnishment.
What exactly is wage garnishment?
Wage garnishment appears like it ought to be something nice, right? Just like a garnish—a pretty decoration or adornment that, while including no value that is real makes something more aesthetically pleasing.