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*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

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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 Loans less then 10 years

I will be out of school 7 years April 2008. I have been discharged from bankruptcy August 2007 but I couldn`t include my student loans at the time of bankruptcy. Am I able to write off my student loan yet?

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One Response to “Student Loans less then 10 years”

A licensed trustee said...

Unfortunately, the 10 year rules is still in place – watch the papers as I am sure it will be big news when the 7 year rules comes into force.