Student Loans Articles - Archive: 2010

A few years ago I immigrated to Canada from America. While I was in America I incurred a student loan debt which I can\’t afford to pay. My financial situation in Canada is very stable but I can\’t afford to pay off my American student loan debt. The US legal system will not discharge the [...]

I have a student loan which was co-signed by my common-law spouse. I am considering bankruptcy as I lost my job some time ago and am unable to find work. I\’ve been out of school for only 5 years so the 7 year rule doesn\’t apply. What will happen if I do file for bankruptcy [...]

I was told that if I contacted student loans about my student loan debt that it would start the 7 year clock all over again is this true? My last date of study was may 1995. I filed and completed a consumer proposal in 2005, but it paid very little of my loan and the [...]

How do we know if we fall under the 10 year or 7 year rule for student loans. When did the change take affect ? Posted from: Ontario

i was forced to drop out of school in 2000. i had a s. loan from the b.c. gov.; the fed. gov. took my tax rebates in the early 2000`s. since then i have been off the financial map – not even a bank account. how can i find out how much i owe without [...]

I have a student loan and want to file bankruptcy, I have had the loan for at least 12 years, but now I am getting letters from the government can I still include these loans even if now they letters are coming from the Govt Posted from: Saskatchewan

I received student loans until 2000 while I was a full time student. I left school before graduating and started working. I returned to school in 2005 to finish the last 2 courses I needed to graduate. I paid for the courses from my own pocket. I am unable to work and repay my loans..and [...]

I owe 36,000.00 in Student Loans and I was wondering if I would qualify for Consumer Proposal, as I heard that I do not qualify to file Bankruptcy. I do not want to file Bankruptcy!!! How could I make an offer to my Creditors and pay off at least 30% of this amount. Posted from: [...]

How do you find out when you ceased to be a student? I stopped school years ago but I`m not sure if it has been more than 7 Years Posted from: Ontario

I recently moved to Canada from the U.S. I plan to become a Canadian citizen when I marry my Canadian fiancee later this year. I have student loan debt from attending school in the U.S. Student loans are not dischargeable in the U.S. under U.S. bankruptcy law. I am currently unemployed or minimally employed and [...]