Defaulted Student Loans and Avoiding a Tax Offset Due to This Default
A student loan is good for a college student wanting to have good college education, but has to be paid or the student loan will go on default and offset on tax refunds happen, to cover for loan payment, per Bruce Mesnekoff. Many things can happen with a student loan in default, according to the nationally recognized expert in student loan management and consolidation, and this is not only on the tax offset of refunds, and can also include wage garnishment, of which no court order is even needed. The law states that the government can get this tax refund, to pay portions of the student loan, but has to be communicated also. Before this thing happens, the student borrower should take steps to avoid this tax offset, before it takes effect.
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