Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Debt Consolidation and Refinancing » Will a “Debt Consolidation ” company also help with Ed fund student loans that are now defaulted?

Will a “Debt Consolidation ” company also help with Ed fund student loans that are now defaulted?

I am considering looking into debt consolidation. My student loans are being garnished by ed fund from my wages. they have also just taken my Ca state income tax check. If I do debt consolidation, will they be able to stop my wages from being garnished?


  1. I defaulted on student loans and decided to on consolidation. Does this help or harm my credit? I finished school in 2006. This year they took my tax return money, I am trying now to repair my...

  2. Is there Debt Consolidation company that handles Payday loans and other debts? Here’s what I have: $1000 payday loan debt $2000 debt to college $567 credit card debt Yeah, I’m not too...

  3. Does anyone know of a company offering student loan consolidation loans? All the companies I have checked out are not offering consolidation loans because of the credit market. There is no...

  4. I need info about loan and debt consolidation (student loans and other debt)? what is loan consolidation and debt consolidation? how does consolidation work, what are the different options for consolidating? what are...

  5. What company or companies gives out debt consolidation loans to people with bad credit? I want to know if you personally found a company which considered your case and gave you a loan even...

Written by

Filed under: Debt Consolidation and Refinancing · Tags: , , , , , , , ,

3 Responses to "Will a “Debt Consolidation ” company also help with Ed fund student loans that are now defaulted?"

  1. Suddenly Human says:
    No. This is a last resort by the government to get their money after all other options have been exausted. You already have a long history of non payment so they won’t be able to stop your wages from being garnished or your income tax returns from being seized. Student loan debt can’t be grouped into any other debts you might have by the way. Sorry.
  2. Lovin Obama/Biden 08 says:
    I am in a similiar situation.My loans have defaulted and the sad part is now I am back in school (I am paying cash) and cannot get any grants due to my defaulted loans.

    You have two options1 quit your job and get another one (it will take a while before they find your new job and begin to garnish)

    2- Just let them keep garnishing at least after a while your bills will be paid off. (if you need extra money get a second job)

    Me I am going to call them and make arrangements so they won;t garnish.

  3. Jose V says:
    No unless you payed them off with credit cards

Leave a Reply

Connect with Facebook


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Not finding what you're looking for?
Do a custom search of our entire site:

Get Adobe Flash player