Student Loans Articles - Archive: 2007 Page 2

I filed personal bankruptcy in August 1997 and was discharged in May 1998. I have just recently been contacted by a collection agency regarding my outstanding Canada Student Loan with Scotia Bank from 1995. Was this debt not absolved with my discharge in 1998?

I filed a consumer proposal in 2003 I have 5 payments left but now I just found out the my student loans can still try to collect, What are my options. My last student loan was in 1998. Please help me!!!

I am a single mother of three. I graduated in 1999 from a nursing program and worked from 1999-2003 when I had an injury and could not return to work. My income has NEVER been over $21,000 annually and I have been sole support for three children (since their births in `92 and `94 (twins)). [...]

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?

I have students loans and credit cards. Now I am in Japan and I owe like 65,000 total. I cant make payments right now and the compound is killing me. I dont know what to do. Also can they go after my family members for my mistake? Nothing is cosigend so…

I am approximitly 13 000 in debt right now (student loans and credit cards) and am only making 700 a month. I am only 22 years old and i don\’t want to ruin my credit even more. Would bankruptcy be a good option? I would prefer to get a consolidation loan but have no co [...]