Student Loans Articles - Archive: September 2007

It has been 10 years since I received my last student loans; I attempted to make some payments but the bank returned them stating it was not the right amount – it was what I could afford at the time; now they have placed a judgment on my credit in Canada – I live and [...]

I filed a consumer proposal March 2006. I have a student loan that is 10 years old. I recevi3ed a letter from the federal government that under the Bankruptcy Act my canada student loan was paid to the financial institution. Now the financial institution is coming after me stating that I owe a `federal risk [...]

I have been told that for a student loan to be cleared by banckrupcy a person has to wait a period of 10 years. I completed my studies in 1996..declared bankrupcy 1998 and was disharged. Technically, I should be cleared from paying the debt… Here is the problem…neither a trustee nor a lawyer want to [...]

I have previous student loans that were paid off completely years ago. We were recently discharged from bankrtupcy and I am considering returning to school. Will the bankruptcy affect my ability to get student loans in the future? I am in Ontario.

If I left high school to work, encountered numerous financial problems, then my question is, IF I declare bankruptcy, can I still apply for OSAP to go back to school?