Student loans and garnishment

September 26th, 2009 by Questions

Can overdue Student Loan Collection Aggency Garnish my wages??
Just recently contacted about an overdue student loan debt from collection agency, she is unwilling to negotiate a payment plan.

Posted from: Ontario

Questions

One Response to “Student loans and garnishment”


September 28, 2009 at 8:50 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Yes, student loans can garnish wages if you are in default of the repayment requirements. Now this partially can depend on your income as every province sets a income threshold and if you income is below that threshold there is either a calculated limit to the size of garnishee, or in some instances with low income a garnishee may not be available.

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