IRS questions …what is ’stimulus package’…?

what is the ’stimulus package’?

can this be taken by govt. for a student loan in default?

Also what is the ‘homestead credit’?

can it also be taken (even though i understand that it is state money) by the federal dept of education

state money can likewise be siezed to pay off such debt.??

laslty-
If i make a payment to a collection agency for 1 month towards my student loan,
can the above still be taken after filing for it and getting approved for it?

For stimulus info, see http://www.irs.gov/newsroom/article/0,,id=177937,00.html – and yes, it will be taken for a student loan in default.

What can be taken in state money depends on your state.

It takes much longer than 1 payment to rehabilitate a student loan to the point where refund money won’t be taken.

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