Student Loans in Bankruptcy: Anonymous Questions and Answers

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Student Loans and Bankruptcy in Canada

Current legislation on student loans in bankruptcy and proposed law changes

New Bankruptcy Laws Came into Effect on July 8, 2008

Does this sound like you?

Under current law, Canadian student loan debt can be discharged in a bankruptcy, under the condition that at least seven years has passed since the individual ceased to be a full-time student. This is an improvement to previous legislation in which you would need to wait ten years in order to discharge your student loan in a bankruptcy proceedings.

To find answers to your more specific questions about student loans in bankruptcy:

Read our articles about student loans in bankruptcy:

To ask a question about Canadian student loans in bankruptcy:

You can also contact a trustee for a consultation: your first meeting will be free of charge or obligation, and will deal exclusively with your personal circumstances.

For questions on student loan debt and related topics, trust the experts at Bankruptcy Canada!

The latest questions on student loans in bankruptcy, with our experts' responses

Does the student loan default legislation distinguish between part-time studies and full-time studies? How about graduation date, or whether I […]

Filed under: Student Loans
Posted on Tuesday, May 19, 2009
box listanswered by Questions @ 5:08 pm 1 Comment

I am 55 years old, passed more than 7 years i left the university and still I am unemployed without […]

Filed under: Student Loans
Posted on Sunday, May 17, 2009
box listanswered by Questions @ 1:01 am 1 Comment

I have OSAP and RBC student line of credit. The RBC LoC does not list as a `student` LoC on […]

Filed under: Student Loans
Posted on Monday, May 4, 2009
box listanswered by Questions @ 5:25 pm 1 Comment

I graduated from University in May, 2006; and my last student loan/full-time student study period was the 2005-2006 school year. […]

Filed under: Student Loans
Posted on Friday, May 1, 2009
box listanswered by Questions @ 9:03 am 1 Comment