[quote=scaredyclassic]The arrest wasn’t for the failure to pay. I think it was off a warrant post judgment for a debtors examination he failed to appear for…
He probably got used to blowing off notices. Some u can some u can’t…[/quote]Thanks for your insight, scaredy. This story (sensationalized by the local news) didn’t sound right to me, either. Seems as if a boatload of private (delinquent) student loans in that region were turned over to Sallie Mae, who paid the lending banks the guarantee on them and is now attempting to collect as much as possible from these delinquent borrowers. And there will always be their SS payments to garnish if they haven’t yet begun to do so.
…Sallie Mae previously originated federally guaranteed student loans originated under the Federal Family Education Loan Program (FFELP).[3] and worked as a servicer and collector of federal student loans on behalf of the Department of Education. ..
Of course, with the above experience and due to the age of these loans, Sallie Mae has the blessing (and likely, the resources) of the Federal Government available to them such as the US Marshal’s Office, lol ….
Yes, a LOT of people just “blow off” collection notices, thinking that they’ll just eventually “go away.” Especially old student loans and old medical bills. Alas, nothing could be further from the truth :-0
