Trump administration resumes wage garnishment for federal student loan borrowers in default, with notices going to 1,000 borrowers starting this week.

Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy ...

The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early in 2026.

A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...

The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.

Wage garnishment will begin just as enhanced subsidies for ACA health insurance expire. People who are in default on their ...

The government plans to seize portions of borrowers' paychecks to the cover defaulted debts. Here's what you should do now to ...

A default happens when you have skipped one or several payments in a row on a loan or credit card. Since defaulting can cause your credit (and overall financial health) to quickly plummet, you want to ...

Microsoft will enable Teams messaging security by default in January 2026, blocking risky files and malicious links to ...

Maximus Real Estate Partners is in default on about $1.8 billion in loans tied to San Francisco’s largest apartment community, according to new servicer commentary reported by ratings agency ...

China Vanke Co., which just days ago got a reprieve on a local bond, is back in a familiar situation, as investors in another ...