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Rebate to those with defaulted student loans

 
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angelocmp



Joined: 11 Feb 2008
Posts: 1
PostPosted: Mon Feb 11, 2008 1:05 pm    Post subject: Rebate to those with defaulted student loans Reply with quote
I'm sure I already know the answer - will those who are in default of
student loans, already having their tax returns intercepted, going to
receive a rebate check or will it go towards payment the same as tax
refunds?

Archived from group: misc>taxes
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Paul Thomas, CPA



Joined: 25 Aug 2007
Posts: 3094
PostPosted: Mon Feb 11, 2008 4:32 pm    Post subject: Re: Rebate to those with defaulted student loans Reply with quote
wrote
> I'm sure I already know the answer - will those who are
> in default of student loans, already having their tax
> returns intercepted, going to receive a rebate check
> or will it go towards payment the same as tax refunds?






yeah. They're going to be subjected to off-sets. So you'll lose
it.....well.....it'll be used to pay your debt.


--
Paul A. Thomas, CPA
Athens, Georgia
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