Mortgage and Insurance » final-payment http://www.dealnest.com the deals house Fri, 10 Feb 2012 23:05:13 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Student Loan DOFD and collection questions http://www.dealnest.com/student-loans/student-loan-dofd-and-collection-questions/ http://www.dealnest.com/student-loans/student-loan-dofd-and-collection-questions/#comments Wed, 10 Mar 2010 23:45:32 +0000 jedwan http://www.dealnest.com/2010/03/10/student-loan-dofd-and-collection-questions/ 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.

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