Is it possible to Prevent Wage Ganishment in TEXAS...

[Andrew W]

...on a Private Student Loan? I took out a Private Student Loan to go to a foreign medical school in England, but based in Africa. I borrowed $130,000 from TERI and MEDACHIEVER and now AES owns it. They say I owe them $190,000 now just 2 years after I graduated!! In 10 years I will owe $475,000. What the heck. Anyways, I will soon be sued or they will lose right to do so, well in 5 years. I kept it deferred for 2 years. I am never going to be an MD as the school was real bad and not even a real medical school. If I move to TEXAS that has a law forbidding wage garnishment except on federal loans, then will I be protected? Will I be protected when they take me to court if I move to Texas before I am sued. I live in Florida right now. The people that cosigned my loan for only $80,000 of the $190,000 live in Florida and aren't moving right now. Well anywyas, if I can move to Texas to prevent wage garnishment on these Private Student Loans I will. If I ever save up enough cash I'll try to settle the original debt minus%

[Pat J]

Nobody can garnish your wages if you don't have a job. I'd suggest becoming self-employed and keeping a very low profile, as in being someone's silent partner. I think one of the best ways to become self-employed on a shoestring, and make really good money is to become a CPR instructor. Check with the American Lifeguard Association.