Can your check be taken to pay off school loans?

Question

Can your check be taken to pay off school loans?

Answer 1

Do you mean the economic stimulus check? If so, it can be used for anything that a paycheck can be used for. It could be used to pay off any kind of loan.

Answer 2

yes

Answer 3

If you're talking about an IRS refund,  or the checks from the stimulus package.  Yes.  Only if you've defaulted on the loans though.  Not if you're currently up to date in paying them.

Answer 4

Yes, the federal government will take a portion of you pay check, your tax return check, your social security check, and any other check that they can get their hands on, in order to get their money back.  They're good at doing it to.  Not only that, when they get upset, they can also go after your property as well.  Americorps is the answer to getting out of such sticky situations for many people.  You can make money working for Americorps, and the federal government can't attach that check, because it's considered a living expense stipend.  Also, Americorps puts loans and interest payments on hold while you work for them.  On top of that, they give you money towards paying back the amount you owe, and guess what, they let you apply it to the "principal" first, which goes a long way towards making you happy faster.

Answer 5

Yep .