Student Loans Articles - Archive: 2009 Page 2

I`ve been contacted by a collection agency for a CIBC student loan in 1997-98. They will not accept a payment plan and want me to open an account with CIBC and have my payroll cheque deposited there every two weeks. After this is done they `may` decide to talk about a payment plan but they [...]

Can overdue Student Loan Collection Aggency Garnish my wages?? Just recently contacted about an overdue student loan debt from collection agency, she is unwilling to negotiate a payment plan. Posted from: Ontario

I have been out of school/university for 4 years this August 2009. I have been working in odd jobs that have nothing to do with my degree and have been tight for cash ever since. I haven`t been able to go and finish my degree because the costs are too great for my situation and [...]

When a student loan goes to collections is interest still applied till it`s paid off? My understanding was RBC sold their student loans to collections. Would that not make the loan null and void being that I never signed for the loan with the collection but with the bank that no konger owns the loan. [...]

I took several student loans for my first degree, which I graduated with in 2002. I subsequently returned to school for a second degree. I did not take any loans for this second degree, but my first loans remained in a non-payment status because I had returned to school. I graduated with my second degree [...]

i have a student loan from 1992. i haven`t made a payment on the loan since 2005 because i haven`t been able to. i used to receive statements from some government agency monthly, but i haven`t received anything in almost a year now. i don`t want to file for bankruptcy as i`m just now starting [...]

I have recently (within the past 3 months) made some large payments on my Government Student Loan, and paid it off. If I file for brankruptcy, would this be considered `favoring a creditor?` Would th payments be reversed and distributed among all the creditors? I know they would be if it were any other creditor, [...]

I have been out of school for longer than 7 years. I want to take some high school upgrading courses. Will this set the clock back to zero regarding the 7 year bankruptsy rule? Posted from: Alberta

How does a consumer proposal affect student loans? In a debt settlement, is there any protection like that of a consumer proposal? can I be sued for the unpaid debt? Posted from: Ontario

My wife took out a Canada student loan while we were married (I didn`t sign anything) Now that we`re filing for divorce, will I be responsible for the loan repayment? Posted from: British Columbia