I declared bankruptcy 5 years ago and finished school over 8 years ago, paid off one of my student loans however since the bankruptcy I now have a collection agency chasing me for the other one, I should note that I am not discharged either as I have not been able to afford the 1900 [...]

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Student Loans Articles - Archive: 2008 Page 2
The latest questions on Student Loans in Bankruptcy, with our experts' responses:
Hi, I declared bankruptcy in year 2004 and was discharged in 2005. It has been 7 years since I have been out of school, so am I able to get my student loan included in my previous bankruptcy? Posted from: British Columbia
If a student loan can be included in bankruptcy after the 7yr time has elapsed, can it be included if you qualify for bankruptcy under the 5yr hardship rule or does 7yrs absolutely must have gone by? Thanks Posted from: New Brunswick
I am paying off a student loan and down to three more payments and it is paid up all my loans will have been paid this year. I negotiated the first one with a lump sum payment, then the current one I did the same and should be done about Dec 2008. Will this improve [...]
I owe in excess of $50,000 dollars in Student Loans – to 3 different agencies (my provincial and federal loans were split amongst 3 groups). This is after being discharged from a bankruptcy in 2004. The minimum monthly payments, collectively are almost $1900 and far exceed my ability to pay and I barely cover interest [...]
I am going to be eligible for bankruptcy to include my student loans in two years. My question is, after reading some of the blogs on your site, will I still have to pay back the student loans? In reading, its my understanding that I will still be responsible for them once my bankruptcy is [...]
I CLAIMED BANKRUPTCY IN 2006 , I HAVE RECEIVED NOTICE THAT I OWN 45000 IN STUDENT LOANS. I AM NOW PAST THE 7 YEAR MARK SHOULD I CLAIM BANKRUPTCY AGAIN. MY FINANCIAL SITUATION HAS NOT CHANGED. Posted from: Ontario
I finished school in may 1995. tried to negotiate got nowhere. did consumer proposal in 2001 which was completed oct 2006. Trustee said it was all clear now..until the ARC started calling. I have a seasonal business, single mom and family to support. went to another agency to declare bankruptcy. They said i didn`t have [...]
Hi there. I have a couple of student loans that were accumulated over several years. I went to school for one full year and finished in 2002, which would mean it would be almost eligible for bankruptcy. I returned to school in 2005 but was there only two months as I was not given the [...]
The last student loan I recieved was in 1999. I did return to school in 2000 and graduated in 2003. From 2000–2003 I did NOT recieve a student loan but was funded by the government through EI. Will the 7 year rule start from 1999 since that was the last time I recieved a student [...]



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