I was able to get my B.A degree from St. Martin's University at the age of 56. I received sholarships from the school, and I took out small Perkins loans
. It was a CROWNING ACHIEVEMENT of my life and I loved every minute. Since I have taught ESL/EFL in Shanghai, PRC and had other adventures.
I borrowed about $24,000 in my whole college career. I expected to pay these back immediately. My finances did not materialize like I thought they would. In short, I was unable to pay much, in fact, very little.
My loan was sold, in time to Edfinancial. I am now 75 years old, in moderate good health, and my sole income is $1685.00 mo. in SS Survivor Benefits. Edfinancial is going to sue me for my SS Benefits which are actually my ex-husband's Survivor Benefits. They are asking for $67, 000.00 because of accrued interest. I graduated in 1996; it's been 20 years. Can they do this?
Thanks, Rose***** *****
I have submitted my IRS records (I pay nothing), etc. numerous times. I am refusing to do it again and want forgiveness, forbearance, to be "written off