The centralized government took my tax refund for repayment of a student loan that was in default. I made a repayment agreement with the lender and have met that obligation. Is there any way to get my money? I really, really need it. Thanks!
If you are under extreme financial hardship, you may be able to get your refund back. It is a hard process and there are no guarantees.
Try this website:
http://www.ed.gov/offices/OSFAP/DCS/disputes.html#Hardship-IRS
Nope. Your agreement with the lender will contain the money from the offset which will reduce your debt. But, if your loan is still in default, they’ll continue to offset your tax refunds until the debt is paid in full, agreement or no agreement.
References :
All repayment agreements contain a provision that your tax refund will be used as a payment under the agreement. The only way to avoid that is not to be due a refund until the debt is paid in full. If your budget doesn’t work without your refund, you budget doesn’t work PERIOD. You either need to reduce your spending or increase your income. A one time refund does neither.
References :
If you are under extreme financial hardship, you may be able to get your refund back. It is a hard process and there are no guarantees.
Try this website:
http://www.ed.gov/offices/OSFAP/DCS/disputes.html#Hardship-IRS
References :