-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
Can my wages be garnished if I don't pay back my student loans?
- Thread starter AlternativeUlster
- Start date
- Status
Christoff Yurievich
Member
.Cheesemeister said:
Nah, this dude isn't stupid. He knows how to dodge and evade, which takes some intelligence. He went to school. He just sucks with money. It happens, but he should have gotten help before it came to this.mr jones said:
I know a loanshark, but if you fuck around, you'll be tortured before you die.
Propagandhim
Banned
Get an accountant or tax lawyer who can set up some communication with the IRS and relieve your tax dilemma with a few fees. Start paying your loans. Fix these things.
reggieandTFE
Member
A buddy of mine went to Northwestern U a couple years before I did and left school ONE class short of graduation! He ran from his loans for a couple years, but they found him and have been garnishing his wages every since. I, on the other hand, have been faithfully paying $531/month for the last three years and want to cry every time I see how much goes towards interest.
Cheesemeister
Member
reggieandTFE said:
Unless you're just barely making ends meet, there's no reason why you can't pay back your loans faster to avoid some interest. Just make bigger payments than the minimum amount due.
UnholySpectacle
Member
This thread is 24K stupid gold. :lol
NaughtyCalibur
Member
AlternativeUlster said:
Propagandhim
Banned
Interest? My loan interest rate is almost identical to inflation. It's like free money.
DarkJediKnight
Member
AlternativeUlster said:
Dude! Pay it back as soon as possible, or you can kiss ever buying a House in the future. Your credit will be shot to hell!
Kung Fu Jedi
Member
DarkJediKnight said:
You really haven't read the rest of the thread, have you?
Tenacious-V
Thinks his PR is better than yours.
Pay your loans back you damn floater. I wish your mom would have hit you more as a kid.
reggieandTFE
Member
Cheesemeister said:
I was paying $>1000/month for a while, but I don't make enough money to sustain that considering I live in expensive-ass Chicago and I have rent,a car loan,a car insurance and a credit card to pay off. According to government statistics, my gf and I make more than the median household income and yet we still have watch what we spend. I can't even imagine trying to raise a family on minimum wage.
Seems to be like you have two choices:
1) Like others have suggested: Man-up and pay back that money. Find someone to help you when you do. The guy who contacted your work is probably a shuckster, but there are non-profit groups that help people who are deeply in debt. A google search will find you one in your neighborhood.
2) Start a new identity. This route probably suits your personality better. A couple of places that talk about this are:
http://www.totse.com/en/privacy/f-id.html
and...
http://www.about-the-web.com/shtml/reports/new_personal_identity.shtml
and...
http://www.ariza-research.com/new-id/
I wouldn't accept any offers from people advertising books or IDs on the web. Rather, just read for information, and make a plan that you can execute yourself. Frankly, I think you're best off by traveling to a foreign country and trying to become a citizen there. If you can make up a plausible story (which won't be easy, but again research is the key) and you're willing to be very persistent, you can probably get yourself nationalized with no other form of documentation than the insistence that you are John So-And-So.
So: Travel to a foreign country. If you can cross the border without going through customs, great. If that's not possible, use your real identity. Once there, abandon everything from your old self. Look for jobs that pay under the table. Live there for a while, and begin looking for a way to become a citizen. Having a job usually helps. They'll want to know where you lived before. If you have a story about coming from a suitably sketchy place, and a reason why your documents no longer exist in any system (you were born in Afganistan, for example), you may eventually be allowed in as a citizen of that country. Make sure your story of where you're from is a country you wouldn't mind being deported to.
Good luck!
Be sure to post about your progress on GAF. Only post from public computers in internet cafes, of course.
1) Like others have suggested: Man-up and pay back that money. Find someone to help you when you do. The guy who contacted your work is probably a shuckster, but there are non-profit groups that help people who are deeply in debt. A google search will find you one in your neighborhood.
2) Start a new identity. This route probably suits your personality better. A couple of places that talk about this are:
http://www.totse.com/en/privacy/f-id.html
and...
http://www.about-the-web.com/shtml/reports/new_personal_identity.shtml
and...
http://www.ariza-research.com/new-id/
I wouldn't accept any offers from people advertising books or IDs on the web. Rather, just read for information, and make a plan that you can execute yourself. Frankly, I think you're best off by traveling to a foreign country and trying to become a citizen there. If you can make up a plausible story (which won't be easy, but again research is the key) and you're willing to be very persistent, you can probably get yourself nationalized with no other form of documentation than the insistence that you are John So-And-So.
So: Travel to a foreign country. If you can cross the border without going through customs, great. If that's not possible, use your real identity. Once there, abandon everything from your old self. Look for jobs that pay under the table. Live there for a while, and begin looking for a way to become a citizen. Having a job usually helps. They'll want to know where you lived before. If you have a story about coming from a suitably sketchy place, and a reason why your documents no longer exist in any system (you were born in Afganistan, for example), you may eventually be allowed in as a citizen of that country. Make sure your story of where you're from is a country you wouldn't mind being deported to.
Good luck!
Be sure to post about your progress on GAF. Only post from public computers in internet cafes, of course.
Phobophile
A scientist and gentleman in the manner of Batman.
reggieandTFE said:
Subsidies.
Escape Goat
Member
how come i just now found this thread?
Run, dude! Ruuuuuuuuun!!!!
Run, dude! Ruuuuuuuuun!!!!
Rabbit Lord
Member
OP is win!
Suburban Cowboy
Member
how are people so retarded when it comes to money?
We're in a society where we're told from a young age that there is "free money" in the form of credit cards. That if you don't own a brand new 200X car or a house, you are worthless. If you don't have the latest electornics, a cellphone with all the latest features, and able to go out to expensive restaurants with your friends every weekend, then you are a loser. Unless you're the #1 man on the totem pole, accoridng to society, you are nothing and your life isn't worth shit.
Most of our parents didn't help alleviate this becuase they were bad with money and they played the same game.
That's why.
Most of our parents didn't help alleviate this becuase they were bad with money and they played the same game.
That's why.
Wellington
BAAAALLLINNN'
Or you can not be a dumbass, educate yourself, and not fuck up your life.Alfarif said:
There's that route but, you know, people are way too lazy.
I could tell you stories for ages about the people I work with and the idiotic things they do to cripple their financial futures but it would take up way too much time and you get the jist of it without me needing to even say anything.
I could tell you stories for ages about the people I work with and the idiotic things they do to cripple their financial futures but it would take up way too much time and you get the jist of it without me needing to even say anything.
Phoenix
Member
AlternativeUlster said:
They can not only garnish your wages, they can simply start liquidating everything you own as well. Have a nice car? They can take your car and auction it off, they can can get your credit cards cancelled, they can do a LOT of things to make your life miserable until you pay them back. Don't think about getting a tax return or anything else because they will have first dibbs on any discretionary money and if they decide to take you to court they can get every penny outside of what you actually need to survive until you pay your loans off.
reggieandTFE said:
You! You can still be helped! Start paying back $600/month instead of $531 if you can afford it. It will lead to a significantly faster payoff. I typically put ~$150 more than my loans per month just so that I wont pay quite as much interest and I'll probably increase that amount as my income increases.
Captain Glanton
Banned
Wellington said:
Well, that's the problem, isn't it? For many of the 20-somethings I know, you're a dumbass with a fucked-up life if you DON'T wear $300 jeans that you lined up at dawn to buy, have the latest phone, etc. etc. Over the last ten years or so, the very defintion of what's "necessary" for a satisfying life has been completely rewritten--with most of the writing being done by corporate advertising.
Downpour said:
Solid gold.
Also, what are these "under the table" jobs? Are there any that don't involve carrying a sawed-off shotgun?
ZombieSupaStar
Member
Quazar said:
man u should just go back part time and defer that shit and still work retail (if you havent finished)
im almost done mines at like 30k and will be around 420 a month (according to the direct loans site)
Skiptastic
Member
AlternativeUlster said:
You didn't feel afraid enough not to ask them for money to go to school. What's next, you going to ask the Don for a favor and then try to hide when he comes asking you to make Sonny look good?
RumblingRosco
Member
Alfarif said:
Tyler Durden, is that you?
Seriously, do you really believe that? I can't imagine how people get such unfortunate attitiudes towards the U.S., as I've never felt that just because my neighbor has a nicer car, or my fellow employee gets paid more, that I'm somehow a shittier person. Sure, seeing someone do better than myself can make me jealous, but jealousy is just a great tool to be used as motivation to make more money, become better at jobs/school, and enjoy it all along the way.
Dear OP: Just to repeat it - pay off your debts, pay your taxes. Nothing else to suggest.
Soka said:
Do **I** really believe that anything anyone else has or owns affects me in any way? No. Do plenty of other people? Yes, unfortunately. I prescribe to the "living cheaply and comfortably" way of life. I never buy "new", I don't buy at retail stores if I can help it, and I'm quite satisfied with my life.
We've got a nice system here in the UK, at least we did back when I was a student. I think they've changed it slightly, recently. Basically I got a £3,000 loan and a £1,000 grant every year as well as tuition fees paid for. The loan is kept on an inflation tracking interest rate, and you only pay it back automatically to the sum of 5% [if memory serves] of your income above £15,000. So if I were on £20,000 a year I'd be paying 5% of £5,000 a year, or £20.83 a month.
I guess that pretty much amounts to wages being garnished though, doesn't it?
I guess that pretty much amounts to wages being garnished though, doesn't it?
- Status