GOBankingRates on MSN
Can the IRS garnish your wages?
Can the IRS garnish your wages? If you owe back taxes to the Internal Revenue Service (IRS), they can garnish your wages. But ...
Opening your paycheck to find a significant portion missing can be shocking and frustrating, especially when you're counting on every penny to cover the essentials. It's a real possibility, though. If ...
The hammer is coming down on federal student loan borrowers who haven't been making payments. The Department of Education on Monday announced it would resume "involuntary" collections for federal ...
In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...
PublicSource on MSN
Late on your student loans? There are ways to avoid garnishment.
If a balance is present, call the servicer and ask for forbearance — a stay in making payments typically due to hardship — “right now," said Betsy Mayotte, president of The Institute of Student Loan ...
VIRGINIA, USA — After years of pandemic‑era pauses and shifts in repayment policy, the federal government is officially resuming wage garnishment for federal student loans, beginning today, January 7, ...
Federal student loan borrowers who have defaulted on their loans could soon see their paychecks shrink as the Department of Education resumes garnishing wages over the unpaid debts. Around 1,000 ...
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