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Student Loans with the Government

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

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One Response to “Student Loans with the Government”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

There are very specific rules about student loans and when they can be cleared by the filing of a bankruptcy.

The general rule is 7 years. As long as you haven’t attended school in the 7 years immediately preceding the filing of the bankruptcy then your student loans can be cleared.