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Lockhart v. United States, 546 U.S. 142 (2005), is a United States Supreme Court decision concerning whether the United States government can offset Social Security benefits to collect on student loan debt over 10 years old. In a unanimous decision, the Court affirmed the lower court's decision that allowed the offset by the government.
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Tax refunds are intercepted with the purpose of forcing citizens to comply to their required debts. If one has student loan payments, child support payments, or worker's compensation payments that they have not fulfilled, then their refund will be intercepted and put towards the payments of those obligations. [7]
Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from ...
Millions of Americans who are behind on their student debt may face a financial shock next year: The federal government is expected to start collecting on defaulted loans for the first time since ...
Student loan payments are a major concern for millions of borrowers, especially as policies and economic conditions shift. If you’ve noticed signs that your monthly payment may increase in 2025 ...
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