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Collections Law/Unemployed spouse debt prior to marriage in collections
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Question
I'm am recently married to a wonderful woman with some unresolved debt issues. We live in Mississippi. She does owe $7000 to a private university in Alabama from several years back. She had a judgement placed against her by a collection agency back in 2001-2002 in Tennessee. She paid on it for 'a while' and had her wages garnished as well, but moved and changed jobs before the debt was settled. Her credit report shows no debt to the private college, but does show loans to US DEPT OF EDUCATION. Also, her credit report shows 3 to 4 different collection agencies trying to collect this debt. Her credit report does not show the judgement on it, but the courthouse clerk has confirmed that she had one against her. Recently, she has been receiving frequent, and rude, calls from a new collector. She informed them of the original collector and the judgement. Now the original collectors have contacted her and sent her a letter requesting over $11,000 in payment. All of our assets are in my name, and I am the only one drawing a paycheck. What is our best way to resolve the issue.
Andrew,
Congrats on being married to a wonderful woman!
Since this is a US backed student loan your wife will need to pay it off (Us Gov. student loans never go away). You can try to work out a payment arrangement on the judgment, or obtain a loan from a family member to pay it in full.
If you would like us to assist you in this matter please visit our web site at
www.ontfg.com
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Ontrack Financial Group llc
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