I've been out of work and defaulted on my federal student loan. My husband works and we usually file joint taxes
I don't want the tax return to be seized. How do I protect against this until I get in a better position to pay my loan?
Answers | 2
Paul has offered you a great suggestion with the Injured Spouse (form 8379). Check with your CPA and tax advisors on getting this completed. Also are you currently in default? If not, forbearance is a great option. Default is a last resort and requires careful consideration. I highly suggest you consult with your note holders and trusted advisors before doing this.
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