Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Government can seize social security benefits to pay back old delinquent student loans
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December 08, 2005
Government can seize social security benefits to pay back old delinquent student loans
The Supreme Court ruled today that the government can garnish your social security benefits to satisfy the student loans you likely don't remember you even had.
Right now, there are roughly 7 billions in delinquent student loans. So to pay off the old debt, even disability payments can be seized.
Posted in Student Loans at December 8, 2005 12:40 AM
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