Posted by: MN_Nepali January 27, 2008
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I did that six years ago. There has to be some student attorney in your school.
1)Contact him.
2) In MN as long as your don't have your wages 40 times the federal minimal wage. They cant do shit. Thats 5.something*40
3) If you have a court appointment:
someone from the sheriff office will come to your address to give you the court summon. So, make sure that you are not searchable. Change your address frequently. Don't apply for any cards or loans. This will get your current address with credit bureaus and they can track you easy.
If your schools search engine shows a current students name and address--make sure that you opt out. In short stay low.
Even if they track you. And a sheriff gives you a letter (court summon) you don't have to go. The judge is going to give the verdict in their favor, which just proves that you have loan. They cannot arrest you.
4) Again in MN, they can garnish your car. So don't buy a car more then $3,500. They cannot take anything lower then that. Check with your local school attorney for free.
5) They can garnish your bank account with a court's approval. Make sure you have multipe bank accounts with savings account. Its harder to touch savings account which is protected much more then checking.
5) Everything above would hold true for Collection Agencies and for state of Minnesota. Credit card companies have a little more power (which they never use under normal circumstances and sell the account to the collection agencies) . Again check with your school's free lawyer.
1)Contact him.
2) In MN as long as your don't have your wages 40 times the federal minimal wage. They cant do shit. Thats 5.something*40
3) If you have a court appointment:
someone from the sheriff office will come to your address to give you the court summon. So, make sure that you are not searchable. Change your address frequently. Don't apply for any cards or loans. This will get your current address with credit bureaus and they can track you easy.
If your schools search engine shows a current students name and address--make sure that you opt out. In short stay low.
Even if they track you. And a sheriff gives you a letter (court summon) you don't have to go. The judge is going to give the verdict in their favor, which just proves that you have loan. They cannot arrest you.
4) Again in MN, they can garnish your car. So don't buy a car more then $3,500. They cannot take anything lower then that. Check with your local school attorney for free.
5) They can garnish your bank account with a court's approval. Make sure you have multipe bank accounts with savings account. Its harder to touch savings account which is protected much more then checking.
5) Everything above would hold true for Collection Agencies and for state of Minnesota. Credit card companies have a little more power (which they never use under normal circumstances and sell the account to the collection agencies) . Again check with your school's free lawyer.