Q: I want to know if Navient can try to take a house I want to buy with money I received from a workers compensation case?
I'm fighting Navient about student loans. I've filed a complaint.
I got hurt at work and subsequently recieved a SLU award. I would like to use that to help buy a house but I'm afraid they'll try to take it.
Any thoughts?
A: It is possible that they could secure a judgment against you in court and then place a lien on your home or bank accounts. If you have questions, you should reach out to an attorney to discuss your options.
A: There are several issues here. First, you can buy the house, but if there is a judgment then it is a lien on what you buy. Therefore, you might buy in a corporation form to avoid this issue. While they have the right, student loan collectors do not often go after houses in collection. They focus on your bank accounts. Better to work out a payment plan with them before getting the money, and then you have no risk.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
