Voting Question: Student Loans In Default - Question re: Seizure of Federal Tax Return.?

I found out, about a week ago that my student loans had been placed into default ($18,000) - The company holding the loans is DCS out of California.

To my dismay I found out (according to the woman caller) that they were going to seize my Federal Tax Return, and that if i didnt enter into a Voluntary Payment Program, that they would start docking my pay 15%

To date I have entered into a payment plan that is comfortable for me by giving a sizeable downpayment.

Here is my ultimate question:

This morning I checked my bank account, and to my surprise my federal tax return had been depositied.

Once it is deposited can this DCS company still take it away from me?

Did they not act quickly enough?

Can I be happy about this money, or can they still come take it away from me?

Or - Was this all just threats on her part to get me to volunteer to pay? I understand that LEGALLy they can seize your returns and garnish your wages, but they didn't.

Any help would be amazing. Thank you!!!!!

Voting Question: Student Loans In Default - Question re: Seizure of Federal Tax Return.?

I found out, about a week ago that my student loans had been placed into default ($18,000) - The company holding the loans is DCS out of California.

To my dismay I found out (according to the woman caller) that they were going to seize my Federal Tax Return, and that if i didnt enter into a Voluntary Payment Program, that they would start docking my pay 15%

To date I have entered into a payment plan that is comfortable for me by giving a sizeable downpayment.

Here is my ultimate question:

This morning I checked my bank account, and to my surprise my federal tax return had been depositied.

Once it is deposited can this DCS company still take it away from me?

Did they not act quickly enough?

Can I be happy about this money, or can they still come take it away from me?

Or - Was this all just threats on her part to get me to volunteer to pay? I understand that LEGALLy they can seize your returns and garnish your wages, but they didn't.

Any help would be amazing. Thank you!!!!! I wasn't paying it because I am the sole bread-winner for my family.

I work two jobs to support my fiancee (who is disabled) and my two young children.

Money eventually runs out, and if given the choice to make a student loan payment, or to buy diapers for my son - The choice is obvious.

I am doing the best that I can.

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