FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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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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Outstanding loan

Hello,
I have a serious problem. I have been out of school since 1999. I have paid what I could when I could. The amount of my Canada student loan is $18,000. My income tax return is/has always been taken for years. My loan has gone to a collection agency who are threaten to garnish my wages. What can I do as I cannot afford to pay.

Posted from: Ontario

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One Response to “Outstanding loan”

A licensed trustee said...

If you haven’t been in school since 1999 then you have the right to file either a proposal or bankruptcy to deal with thsi debt. I can’t tell you if either of those things will be right for you – you’ll need to speak to someone in your area about your specific situation.