SOCIAL SECURITY GARNISHMENTS FOR STUDENT LOAN DEBT?

According to a recent article in CNN Money over 62,000 people’s income has been reduced below the poverty level by Student Loan Garnishments of their Social Security Checks. http://money.cnn.com/2016/12/30/retirement/social-security-student-loans/index.html

Undoubtedly there are many more people on fixed incomes who are facing Social Security Garnishments that are not below the poverty level, yet cannot afford these payments.  While the standard for discharging student loan debt is high, retired persons on fixed incomes who have made payments on their student loans meet two of the three prong test required for a discharge.  If you are subject to a garnishment of your social security call a Bankruptcy Attorney experienced in litigating Student Loan Discharge claims to see if your debt can be discharged.

Written by admin

Bankruptcy Attorney serving Grand Rapids Michigan and all of Western Michigan

Website: http://www.grandrapidsbankruptcylaw.com/demo