‘Even gambling addicts have more protections’ than student-loan borrowers – Business Insider

Borrowers who default on their student loans are pursued aggressively by the Department of Education and private debt collectors, facing garnished wages, withheld IRS tax returns, and decreased Social Security payments, Reuters reported. We treat struggling student-loan borrowers the same as deadbeat parents and tax cheats, Seth Frotman, a senior member of the Consumer Financial…

Creditors’ concern at Rivet end – Big Rigs

AUSTRALIAN mining and transport group Rivet, the reincarnation of McAleese, has placed a number of businesses into administration just months after their establishment. Australian Road Express and Rivet Mining Services East, which collectively employs more than 200 people across Australia, were put on notice, with receivers McGrathNicol entering on July 17. However, 48 hours after…

‘Even gambling addicts have more protections’ than student-loan borrowers – Yahoo7 News

Borrowers who default on their student loans are pursued aggressively by the Department of Education and private debt collectors, facing garnished wages, withheld IRS tax returns, and decreased Social Security payments, Reuters reported. “We treat struggling student-loan borrowers the same as deadbeat parents and tax cheats,” Seth Frotman, a senior member of the Consumer Financial…