• Report: #632129

Complaint Review: Pioneer Credit Recovery, Inc - U.S. Department Of Education

  • Submitted: Tue, August 17, 2010
  • Updated: Tue, August 17, 2010

  • Reported By: L.H. — milton Pennsylvania United States of America
Pioneer Credit Recovery, Inc - U.S. Department Of Education
Edward street Nationwide United States of America

Pioneer Credit Recovery, Inc - U.S. Department Of Education Trying to get me to pay student loan in full. Arcade, Nationwide

*Consumer Comment: Information..

*Consumer Comment: Yes... They Can Take Anything They Want...

*Consumer Comment: stay off the phone

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Recently received a letter from Pioneer regarding an old student loan..I know that I owe this money and am willing to make payments, but I am waiting on a Disability hearing to obtain my benefits..I became disabled approx. 3 years ago and have not been able to pay on this loan..
It says in the letter that if I don't pay the full amount that they will take it from whatever benefit award I receive..
Is this possible?? I have already lost my job, had my home foreclosed on and had to move in with my parents as I have no income at all, and haven't had any in over 2 years..
Can they take the full amount if and when my Disability goes thru??
I have not contacted this company and after reading these reports, am afraid to do so..

This report was posted on Ripoff Report on 08/17/2010 06:25 AM and is a permanent record located here: http://www.ripoffreport.com/r/Pioneer-Credit-Recovery-Inc-US-Department-Of-Education/nationwide/Pioneer-Credit-Recovery-Inc-US-Department-Of-Education-Trying-to-get-me-to-pay-stu-632129. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

Information..

AUTHOR: Robert - (U.S.A.)

The question to "is this possible" really depends on several factors.

In general..yes it is not only possible but probable.  Unlike other Consumer Debt, there are several more legal means that can be taken to collect on a Student Loan.

This includes Wage Garnishement, even in states that do not allow Garnishment for other Consumer debt. Intercepting of any money due from your Tax Refund, Support Payments or Disability to pay on delinquent student loans.  There is no time limit on being sued for Student Loans.  The inability to have the Student Loan discharged in a Bankruptcy in all but very specific and very limited circumstances.

Now, there are some cases where you MAY be able to get your loan debt discharged if you become disabled.  However, this would only include certain Federal loans(not private) and only if certain conditions are met.  As to what they can take.  They can take your SSDI, but not SSI.  They can NOT take all of it.  They are limited to a maximum of 15% of your monthly benefits.

http://studentaid.ed.gov/PORTALSWebApp/students/english/discharges.jsp

(((Redacted)))

When you are ready to make arrangements with them DO NOT do it over the phone.  Only send them certified letters through the mail.  DO NOT pay them a single dime until you have an agreement in writing from them that you can work with.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
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#2 Consumer Comment

Yes... They Can Take Anything They Want...

AUTHOR: Bman - (United States of America)

The one loan that is impossible to discharge, given our laws, is school loans. You cannot discharge them even in a bankruptcy. So it is possible they can take anything from you they want... I hope that a legal adviser reads your plea and offers some good legal advice. Never underestimate the evil that has taken over our country given deregulation. Corporation and Businesses have NO desire to help anyone or maintain any regulations without a strong government to force the issue. The government is created by the voters like you. If you do not research what laws are being passed or how they will affect you and vote appropriately then you are trusting too much. They cannot be trusted to do the right thing, they are only interested in cold hard profits, and YOUR CASH.
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#3 Consumer Comment

stay off the phone

AUTHOR: Steph - (USA)

Do not answer the phone when they call stay off it. When you get something from them in the mail send them a stop contact letter certified to them. Do not give any bank imforfmation as well
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