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Comments

1. 
   On August 08, 2010 v b says:

   Probably.

   You can check with FMS as to the status of the loan. 1-800-304-3107.

2. 
   On August 08, 2010 Talisman says:

   That would be normal procedure – if they get around to the paperwork in time. The U.S. Department of Education often works with the IRS and the State tax boards to make sure that funds are recaptured.

   The next garnishment may really be your payroll check. All of the agencies mentioned above seek out repayment through employers.

3. 
   On August 08, 2010 bostonianinmo says:

   They won’t take it out of your “taxes” but out of your refund if you have one coming. Your State refund can also be tapped as well in most cases.

   You can verify any offsets by calling 1-800-304-3107.

4. 
   On August 08, 2010 chatsplas says:

   What they can, they will take from your refund, if any.
   Get it out of default, make payment, and get back on payment plot.
   This will follow you around and become a real hassle, so paying it is strongly recommended. You will not qualify for refund anticipation loans, credit, etc. If you lost job or are unemployed, you can do a deferment in many cases, but if you are just not prioritizing and not paying this obligation, you will face the consequences until it is paid, or until you are back on schedule.