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My entire income tax was garnished for student loans last year. Will all of it be taken this year? How can I make it not happen again?
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Maybe. If your student loan debt is still in arrears, the IRS will probably keep some or maybe all of any refund that you may be due. There are two ways to maybe help: 1). pay your student loans until they are current, 2). inquire if anything can be done due to a financial hardship.
If you feel you are experiencing a financial hardship, please contact a debt recovery analyst (see contact information below) to discuss your options. You may be required to provide your financial information, including details on your income, expenses, assets and liabilities, to the debt recovery analyst.
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