Annullment of Bankruptcy
August 2nd, 2007 by Questions
I originally saw a trustee to have a Consumer Proposal initiated because I could not get my Student Loan Collectors to give me reasonable payment amounts. The Bank Risk portion threatened to garnish my wages. The Trustee recommended that I claim Bankruptcy instead. My only debts are Federal, Provincial and Bank Risk portions of Student Loans and I am only 8 years out of school. I received a letter stating that the Bank Risk portion will not survive the Bankruptcy. This portion is the reason I went for Bankruptcy. I am repaying for an RESP to the trustee but now I am upset because in 9 months from now I will owe the same amount of debt as before the filing. Can a Bankruptcy be stopped? Can I have my repayments refunded to me?