State Debt Collection Program Pays in Illinois
Local government entities recoup loans through state tax refund garnishment.
3/1/2019 1:00 PM
A 2018 program through the Illinois Comptroller’s Office yielded $450,000 from consumers’ state tax refunds if they owed money to the government, according to an article in the Washington Times-Reporter.
Illinois Central College received more than $234,000 for overdue tuition payments former students never paid, according to the article.
Executive Vice President of Administration and Financial Bruce Budde said in the article the school attempts to contact consumers with loans multiple times and creates payment plans before working with a third-party collector.
“We’re probably more lenient than some businesses, but as a public entity we have some obligation (to pursue the funds),” Budde said.
Other beneficiaries of the program include circuit courts where consumers owe court-levied fines and fees.
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