Since my son became disabled, his student loan defaulted and they actually take money from his social security check each month. The loan cancellation process is quite time consuming and still in limbo until all paperwork is done. Does anyone know if Dept of Ed takes the stimulas pymt?
My son is in default for student loan, how will this affect Stimulas Check?
If he is entitled to a stimulus plan rebate, it will be applied to his debt. Make sure that he files a 2007 tax return if he had at least $3,000 in SSDI benefits paid, even if the entire amount was taken to pay against the loan balance.
It will not affect any rebate that YOU might be entitled to unless you were a guarantor on the loan and they're trying to collect from you as well.
Reply:Good luck and God Bless. TFTP. Report Abuse
Reply:The stimulus payment can be taken for a number of reasons, student loans, child support or back taxes. Did they keep his tax refund? He will receive a letter form the IRS letting him know if it is being sent to the dept of ed.
Reply:A really good one is,
http://www.yuckz.com/studentloan
And so far it's not blocked at school or work =)
Reply:i believe he will NOT receive any payment if he has defaulted on student loans. sorry
Reply:Yes, they'll take it.
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