Debt Collection, Garnishment, and Reposession
This section provides good guides and publications on the following subjects:
Debt Collection: The process that creditors use to try and get funds they feel is owed to them by debtors.
Garnishment: When a creditor gets a court order to take funds directly from income (ex: work paycheck) to get back funds owed to them by a debtor.
Repossession: The act of taking back a piece of property that was used as collateral by a debtor to borrow funds from a creditor.
A deferment is a way to postpone paying back your student loans for a certain period of time. This packet contains information about the federal student loan unemployment deferment. Click this link for more information and a self packet to help you, now! Read More
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