What is wage garnishment, and what should you do if you’re facing it? Following the Education Department’s restart of collections on defaulted student loans in May, nearly two million borrowers could ...

The U.S. Department of Education is sending notices this month to student loan borrowers who are in default on their student ...

Q: The credit-card people sent garnishment papers to my work, and within two days, they took money out of our checking account and left us with $13. My husband is talking to a lawyer about possibly - ...

In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...

Delinquent federal student loan borrowers are staring down the prospect of wage garnishment or involuntary collections — and it’s causing them to weigh reorienting their finances, even if it means ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...