tax return offset for student loan default

Submitted by Nessie1 on Tue, 06/07/2011 - 22:08
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Hello everyone. Can anyone give me any info regarding tax returns being offset for deliquent student loans? Here is my situation..for several years my student loans were in default and during this time my tax returns began to be offset (i.e. sent to the agency for repayment instead of being given to me.)
Well for the last couple of years I have worked very hard to bring those loans current. I am established in a monthly automatic debit repymt plan with these loans and currently in good standing with the agencies collecting the debts.
Does anyone know how long my tax returns will continue to be offset? Or what I need to do to have them begin to be returned to me?? Thanks.

I think tax return can be offset against student loan default but you need to request the taxation authorities by proving your student loan as defaulted.

Wed, 06/08/2011 - 09:39 Permalink

Talk to your Student Loan lender. If you know your Student Loans are in 'good standing' now,..of course,..you would need prove of it. You can get some kind of statment from your Student Loan lender and send that documentation to the CRA's. Sending it 'certified mail' is a good idea because that way you know the CRA's received it. Also..check you CR and see if the lender is still reporting the Student Loan in default. I had a Student Loan in default, at one time, and it did take a long time to make it in 'good standing' again. Also,..with Student Loans lenders, they have 'hardship' and 'deferment' progrmas to help you if you are having difficulties making payments. However, I believe the Student Loan cannot be in default. What lender do you have?

Wed, 06/08/2011 - 12:34 Permalink
Warrenetelt (not verified)

ZachJGood you

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ZachJGood 8 marks provided 1 month previous

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Soddington 2 particulars written 1 month gone

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Sun, 03/24/2019 - 10:22 Permalink