Student Loans Articles - Archive: 2008

Hi there, I have student loans that are over 7 years old and some that I took out in the past 7 years. If I declare bankruptcy will my older loans be discharged? Thanks for your help. Posted from: Ontario

I stop my studying in 2001, and filed for bankrubtcy. and discharged. I am paying small monthly payment for ontario s.l ,and also I was paying to hrdc collection for canada s.l, until the changed the collection procedure. now i don`t pay for federal s.l, and collection agency were calling untill last coupple of weeks. [...]

I will be graduating from UofT this spring, along with inheriting a $25 000 debt. In September, I am moving to Europe to do an internship for 6 months. My plan is to stay there after the internship and get a full-time job. Since the salaries over there are in the range of $200-500 per [...]

Are student loans from a bank or financial institution treated the same as federal and provincial student loans in terms of the 7-year discharge? Posted from: British Columbia

I was told by some one that not all the student loans are cleared in bankruptcy. Is this true? I guess the difference was federal and provincial. Thank you Posted from: Ontario

My wife incurred quite a large amount of student loans about 13 years ago, before we were married. Recently after attending school the loans went into default, and have been in collections ever since (approximately 12 years now). We are making the minimum payments on her loans, yet still receiving annoying and threatening phone calls [...]

Has the bill enabling student loans to be applied to bankruptcy been passed yet, I was under the understanding that it would be passed this fall. Please respond. Posted from: Ontario

I have approx 18,000 in student loans and a 13.00 hour job. My rent is 500.00 a month not including utilities. I can afford 200.00 a month in repayment to OSAP but they are refusing to accept this. I have just finished school approx 9 months ago. I have not defaulted or ignored these people, [...]

Hi: I discharged in July 2008 and pay back student loan to the governments now(both ontario and canada..because they r not over 10 years) I am planning to go back to school Next Sept 2009…Any problem getting OSAP from the government?? thanks. R Posted from: Ontario

i guess my question is since the laws have changed, if my loans are more than 10 years old….and i have not filed for bancruptcy does the government write them off after a certain point or does it last forever ? Posted from: Alberta