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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Student Loan in 96

I am a person on a long-term medical disability plan, called OPSP in Ontario. I received a student loan in 96. I would like to declare bankrupcy. Could I perhaps apply for a forgiveness arrangement? The medical nature of my disability could be a reason. I don’t want to simply Bankrupt if I don’t need to, but I need to do something.
Is there anything for the disabled here?
If not, how may I proceed, in order to rebuild my rating?

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One Response to “Student Loan in 96”

A licensed trustee said...

I am not aware of any forgiveness arrangements for student loans due to hardship or medical conditions. You might want to check directly with the financial institution that handled your loan to see if any such programs exist.

If you would like to discuss bankruptcy further then I suggest you use the links on this page to find a trustee in your area and ask them for a no-cost consultation to review your situation.