Good Morning Everyone,
As the title suggests, I recently got a very nice promotion from part-time to full-time, and my fiance and I are looking to settle down and get our lives straightened out, but I think I have already messed up. I posted on the Student Loans forum, but would also love advice from this forum as I am ultimately wanting to get everything settled.
Without pulling my report, my situation is roughly:
Capital One - $1,500
Wal-Mart/GE - $500
Student Loans - $1,500
A few $100 range debts (Verizon, Doctor's Office, Library, etc)
Capital One's Collection Agency decided to garnish my wages, and due to this, I only have a couple of more bi-weekly paychecks before this one is paid off.
As soon as Capital One's Garnishment ends, I was going to contact Wal-Mart/GE's Collection Agency, and ask for a PFD, and if I did not get it, I still intended to pay it off.
Same goes for the small $100 range debts, wipe 'em clear.
Where I think I screwed the pooch is with my student loans. About a month ago, I was looking at my loans through their website, and intended to apply for Income Based Repayments as soon as my garnishment was over. Literally a day after receiving my promotion, ConServe calls my place of employment, asking for me. They would not tell me who they were unless I confirmed I was Bugs Bunny with so-and-so birthdate. A few days later I received a piece of mail from them, stating that my student loan went from $19,000 to $24,000 in fees, and also included a brochure for Loan Rehab. Now I am trying to figure out what to do. I know nothing about Loan Rehab or the whole process. I just know that I can't afford a $24,000 debt to be paid off through Wage Garnishment
If you were in my shoes, how would you go about this?
Edited to remove name, Shogun
