My question involves collection proceedings in the State of: Texas
I have a significant amount in federal student loans. I have bad credit, however I am on the title as a co-owner on my house and cars. (My significant other is listed first) In the near future I could be a stay at home parent. Since I already have bad credit and in the near future will have no wages to garnish can I just stop paying my student loans? My only concern is the government could come after my possessions which I am listed as a co-owner? I am not worried about what is morally or ethically sound. My reasoning being I could save a lot of money by just not paying them.
Thank You
I have a significant amount in federal student loans. I have bad credit, however I am on the title as a co-owner on my house and cars. (My significant other is listed first) In the near future I could be a stay at home parent. Since I already have bad credit and in the near future will have no wages to garnish can I just stop paying my student loans? My only concern is the government could come after my possessions which I am listed as a co-owner? I am not worried about what is morally or ethically sound. My reasoning being I could save a lot of money by just not paying them.
Thank You
Debt Collectors: Student Loans
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