Student Loans Articles - Archive: December 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