It means that if you get any tax returns, the amount owed will be deducted for your student loans.
by justme - 17 hours ago
You all are speaking on something that you know nothing about, it has everything to do with the lenders want to get paid, so they put this on your credit report to show that they have applied for compensation from the government since the loans have been defaulted on. They do not get the whole amount, but they get a percentage. I will let you know if they take my tax return.......
by Meg - 17 hours ago
Claim filed with government means they are attempting to begin withholding your wages from your paycheck.
by K.p. - 17 hours ago
No it has nothing to do with that. Student loans are secured by the Government. When you failed to make the payments the lenders applied to the Federal government for payment. The government in turn turns the accounts over to collections. You are solely responsible for this mess. Had you been current with repaying the money you borrowed none of this would have happened. Failure to repay and the government freezes your accounts, puts liens on your property and takes your tax returns.
by ? - 17 hours ago
Three In-Store Experiences E-tailers Need to Emulate
New e-commerce businesses continue to emerge at a breakneck pace, but they still account for only 6 percent of all retail...
What is the color of your logo? A Business Rockstars Minute
One of your big decisions when you start a business is the name, the brand and the logo. But what about the color? It turns...
Does Your Business Need a Buy-Sell Agreement?
A buy-sell agreement is a legally binding contract between the co-owners of a company that goes over a variety...
The 3 Best Ways to Keep Your Small Business Safe Online
Every day, entrepreneurs face a variety of decisions, from who to hire to what to tweet. It’s normal to make a decision and...
Summer 2015 Retail Sales Forecast
The summer season is an interesting time of year for retail. Weather changes, increased tourism, and seasonal holidays all...
Business Transition Lessons Learned: Why Getting Yourself Prepared Is So Important
We first met John in the building where his father, a brilliant engineer, had started their manufacturing business over 40...