Student Loans and Bankruptcy in Canada

I read on this site that banks want at least a third repayment. Do the student loans people have a similar stance? Eg. When they are the only creditor do they want all, or just the original principle amount. Thanks Posted from: Ontario

one week before my bankruptcy i paid $15000 to my sons bank student loan ( i was cosigner for that loan) my bankruptcy trustees get the money back from bank layer ( because the loan was in dispute ie in court) is it legal to do so by trustees. Posted from: Ontario

i am just over 7 years owing for student loan debt that has gone to collections i cant pay it and im on welfare due to illness. I havnt filed taxes in 5 years and the goverment owes me money that the student loans want to take when i file. How can I prevent this [...]

Can you only claim bankruptcy on Student loans,I can handle the rest of my debt on my salary? Posted from: Newfoundland and Labrador

What should I do? I have a student loan that started out as $10,000 but has accumulated interest and fees bringing it to over $33,000. I was not able to make any payments following graduation in 1985 being a single mom and working min. wage jobs. I did make payments when I had extra income. [...]

Hi, question on my government student loans and bankruptcy. My last day of school was in April, 2004, so I am past the 7-year threshold to discharge with bankruptcy. I owe approx. 55 000 and earn 30 000/yr. Besides my tax returns being seized (approx. 2500/yr for 5 years now), I have not made a [...]

I filed in 2005 and was discharged in 2006. My paperwork shows the student loans to be included. I received a letter from CRA requesting the student loan be repaid. Contact my trustee and it appears I finished school in November 2005 and filed in August. Is there anything I can do to have this [...]

Hi, I have a outstanding student loan of close to 30 thousand. I’ve been paying on it not the full amount that they’ve requested but what I could afford at the time. I’ve never had the opportunity to use the courses I took in school and I’ve been out of school since 1997. In 2008 [...]

Hi, I was told that student loans can be discharged after 7 years but that the student loans people can oppose your bankruptcy on the grounds that your education is a life time asset and can have the courts make you pay a percentage of your loan amount before you get your discharge. Is that [...]

I filed Bankrupcy in 2006 finished school in 2001. I would like to now add this student debt to my original bankruptcy. I was advised that I could apply to have it added to my original bankruptcy can you advise what legislation or court forms or law to note when I apply I now live [...]