How to Stop Having Wages Garnished to Repay a Student Loan

Hello, I’m Cherry Ashwood. I’m a guidance counselor. And today I’m going to tell you how to stop having wages garnished to repay a student loan. If you’re in a point where you’re having your wages garnished for failure to repay a student loan, this means that you have avoided any contacts with the lender and that their hands are tied.

At this point, they require your employer, there’s a legal action against your employer to forward 15% of your income before they even give it to you to the lender in order to repay your debt. In order to stop having your wages garnished you must make contact with the lender and make an arrangement. You have to make 6 consecutive monthly payments of an approve amount. And you cannot lump the payments together.

They gave you a dollar amount, for example $2,000, you cannot sent them $2,000. You have to have that history of making the payments, and making the payments on time. And then in that point they may consider ceasing your wage garnishment. I’m Cherry Ashwood. I’m a guidance counselor. And I hope this works out for you.