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

"*" indicates required fields

Facebook

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*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.

This field is hidden when viewing the form

Source

How can we help you?

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.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

do I have to claim bankruptcy again now that the laws have changed to 7 years

I claimed bankruptcy last year and I was discharged as of Feb. However, because I had not been out of school 10 years, student loan people have begun to bother me again and I can not afford the payments. I received my last student loan on April 1, 2001 and graduated May 2001. So do I have to claim bankruptcy again now that the laws have changed to 7 years, or will the student loans just go away?

Posted from: Saskatchewan

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “do I have to claim bankruptcy again now that the laws have changed to 7 years”

A licensed trustee said...

Probably not, but until the new rules are published in a couple of weeks no one can say for sure…

If the 7 year rule is retroactively applied then you should be able to apply to the Court to include your student loans in the bankruptcy you have already completed.

If the 7 year rule is not retroactively applied then you’ll need to either wait until the 10 years have passed or file a second bankruptcy.

You should know in a couple of weeks…