what do I do??
October 22nd, 2009 by Questions
Ok I know this sounds bad, but I`ve been in `hiding` for almost 10 years regarding a student loan. The only reason I didn`t pay it, was because at the time of the loan, I was a single mother on welfare; I wanted to be able to provide for my family, so I decided to further my education. The school was a private school, and they lied to me regarding this situation; I tried to take them to court over it, but it was pointless. I was stuck in a loophole just shy of 3 months of being able to `qualify` for exemption from my living portion of the loan. The story is complicated, so I won`t elaborate. Point is, if I had enrolled just 3 months later, I would not have had to pay the `living` portion of my loan. My question is…how long till they stop looking for me? I did declare bankruptcy because I became very ill during my second pregnancy, and lost my job. The student loan was obviously not exempt from this. I am rebuilding my credit, but I know one false move and they may find me. I am not a dishonest person…I justify this by thinking that had I stayed on Welfare a couple more years, it would have cost the taxpayer money. I didn`t want to do that…so I went to school thinking I was bettering my life for me and my children. Now I have this debt hanging over my head….how long till they stop looking for me? And if they find me, do I have a leg to stand on??
Posted from: Ontario