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Accordingly, a consequential damages waiver will exclude any damages, other than direct damages, even if they are reasonably foreseeable because such damages are one or two links down the causal chain.
How To Prevent The Tax Offset. If you believe your taxes will be offset due to a delinquent debt, your best option is to get your student loans out of default. To do that, you have a few options. Consolidate your loans into the Direct Loan program.