Hi all,

My student loan was sent to collections and for over five months now I have been trying to get hold of the collection agency with no luck, their voicemail asks to leave your info they will call you back in one business day. I have left hundreds of messages and no one has called me back. I called the Scotia bank and explained this and there is nothing they can do?? So they say? Does anyone have any suggestions?

Also, I heard as long as your paying the collectors a monthly payment they cant garnish your wages, is this true?

Thanks

scotiabank is right, they prety much cant do anything for you at this point.  unless you can pay all the arrears you owe and get your loan reinstated, they wont lift a finger to help you.  they will even tell you that they have no idea when the collection agency will call you, so relax, bank some cash and wait for them to call you.  did they notify you in writing that your loan had gone to collections ?  they HAVE to notify you in writing.

once you establish contact with the CA, if you can arrange a monthly payment schedule they HAVE to accept your payments, even if its not the amount they are seeking.  BUT THEY WILL CONTINUE TO ASK FOR MORE MONEY so dont expect the phone calls to stop.  you should enjoy this phone call free time while it lasts because once they start calling you odds are they wont stop. 

as long as you are making an effort to pay on your loans, they cannot touch your wages.  to do so they would have to turn your file over to the bank who would send it to the government who would have to sue you to get a judgement against you to garnish your wages.  and this hardly ever happens.