Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - School debt and college loans (I know its a little long but I'm having a nervous breakdown....plz help!!!)? - Okay so my fiance and I want to get married and move out. However, he has some student/federal/private loans that he has yet to pay off. He hasn't been able to. We got this letter in the mail from one of the companies that he owes money to and since he moved in with my family and I, he hadn't realized that the same company had been sending all these letters to his old address (at his mom's house) and his private loan defaulted....or so we thought...we got this letter in the mail saying the monthly payment arrangements and the amount per month he has to pay and it IS something he can afford but they didnt specify which loans they were...his private loan is still defaulted but the loan they had put on the letter was his federal loan.....which has NOT defaulted. Total of all three loans he owes about $19,000 and when he called to make a payment arrangement with his private loan (thinking it hadn't defaulted but they explained everything to him and realized that its still defaulted) they said they can freeze his account for 24 hours and that if he doesnt come up with the money by noon tomorrow that they will turn his account over to an attorney! Now, I already know that there is no such thing as debters prison ....he doesnt have anything for them to take. His car is in his mom's name and he lives with me at my mom's house till we save up enough to move out. We'd really prefer we DIDNT move out till these loans are paid off. I'm currently unemployed and searching desperately for a job while he works full time at a gas station. He has absolutely NOTHING they can take. They can garnish his wages and take his tax returns yes. Thats all they can do and I realize that and he realizes that too.....they can huff and puff and THREATEN to blow our house down but really they cant do anything if he doesnt have anything for them to take.....but when they said attorney -