Student Loan DOFD and collection questions

Mar 102010
 

I had a call from a CA yesterday about something that I thought was history.

 

I had a PLUS student loan that was paid off 12 or 13 years ago. The final payment was about $6000.00, which I paid when I got a small inheritance. 

 

About a year after I paid it, I got a collection call, so I called the entity to whom I wrote the check. They asked me to sent a copy of the check, so I did. Anyway, after a while I never heard from them again, so I thought all was good.

 

Is there any glitch that would allow them to put this “defaulted” loan on my credit? I can’t even prove that it was reported late 12 years ago, therefore ineligible to go back on my report.

 

Also, I have no idea where that check is now, it was 12+ years ago! Can they garnish my wages?

 

Can someone kindly tell me exactly where I stand on this.

How can a government run health insurance entity “compete” with private companies? Will it pay taxes?

Feb 162010
 


E ‘caught my mind, a government-run health-insurance institutions supporters of the current situation, the institution will bring competition in the insurance industry. As private companies to compete, all those who do not pay taxes. How competitive entity, may actually increase taxes, business or institution to provide funds to cover the costs of non-citizen of the United States on a voluntary basis? Private insurance companies can pass legislation to change the rules of the game in the insurance industry? But it does not, of course, you can dispose of their delivery is conducive to their own standards of good practice law. Can someone give me an example of how this government-run health insurance system to do is run into the ground finally open the way for private insurance, the government is the only logical reason for health care choices?