A collection pause is uncertain to continue in the new year for an estimated 452,000 Social Security beneficiaries who are behind on their federal student loan payments.

The federal government has strong collection powers for defaulted federal student loans, such as Administrative Wage Garnishment. Borrowers have rights to appeal wage garnishment and protection ...

CHICAGO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Millions of delinquent federal student loan borrowers are bracing for the possible resumption of involuntary collections by the U.S. Department of Education ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Retirees on fixed incomes get a temporary reprieve from student loan collections, but working Americans with defaulted loans ...

Federal student loans are unique in the world of consumer debt. There's no other type of debt that offers so many opportunities for relief, such as multiple income-based repayment options, deferments ...

A rare and interesting thing in the world of federal garnishment law has just occurred: the U.S. Department of Labor’s Wage and Hour Division (WHD) updated its published position concerning the ...

I've become disabled and draw a federal veteran's disability pension. Can it be garnished by a credit card company? -- Mike Dear Mike, I have good news for you. The U.S. Department of the Treasury ...

Maryland Gov. Larry Hogan issued an emergency order Monday to prohibit garnishment of economic impact payments provided under the American Rescue Plan Act of 2021.Read the governor's order"For more ...

As your business expands, it is likely that the number of wage garnishments you are called upon to process and must comply with also expands. While it's not always a fun topic to discuss, it's ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

For most retirees, Social Security isn't just income that's deposited into their checking or savings account on a monthly basis. It represents a financial lifeline that many would likely struggle to ...