The Trump administration is launching mass student loan garnishments, seizing tax refunds and taking up to 15% of wages without court orders using AI to identify borrowers. Filing a bankruptcy adversary proceeding can stop garnishment and potentially discharge loans, and one office hired extra staff expecting millions of cases this year.
Chapters
The Trump administration now coming after the student loan borrowers, and now they're starting to garnish. They said this month they're going to start garnishing. So which means if they're filing taxes, you know, and they get a tax return back, because normally if people are owing student loans, they're probably going to get some type of money back. The Trump administration is coming after to collect that money. Why do you think, even if, if you know that he's going to come or the government is going to come and take money from you. People are still scared to file. Why? Why?
Yeah. You know, the people don't act until they have to act. And once that garnishment hits your tax refund, hits your wages, which they can take 15% of your wages, they don't even have to file court documents. It's called an administrative wage garnishment. They can take 15% of your wages. That's when people act. And unfortunately, bankruptcy is helping with student loans. It does stop the garnishment and you can discharge student loans through bankruptcies through filing an adversary proceeding, which we've been extremely successful with that. You do have to qualify. So it's a special, special case that you have to qualify for, but it's worth taking a look, especially if you're in default. If you're in default now, those garnishments are coming. AI is helping them. Figure out who they can garnish, where they can get the money. The government is—
what you talking about? What you mean AI is helping them?
They have artificial intelligence that is helping them figure out who they can garnish, how they can garnish, and how quickly and efficiently they can do it. It's going to be like something you've never seen before in your life. There are going to be millions, millions of garnishments this year. By the Department of Education. It's, it's going to be unbelievable. So we're gearing up. We actually hired 5 new people this week that are just working on student loans. And it's going to be a crazy year in the student loan world.
So they need to get their ass up in your office.
Do it before the garnishment hits. We have more options. If the garnishment hits, you can definitely call, but call us before. If you're in default, you need to get out of default or we need to discharge those student loans through bankruptcy.
