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I filed a consumer proposal March 2006. I have a student loan that is 10 years old. I recevi3ed a letter from the federal government that under the Bankruptcy Act my canada student loan was paid to the financial institution. Now the financial institution is coming after me stating that I owe a `federal risk […]
I have been told that for a student loan to be cleared by banckrupcy a person has to wait a period of 10 years. I completed my studies in 1996..declared bankrupcy 1998 and was disharged. Technically, I should be cleared from paying the debt… Here is the problem…neither a trustee nor a lawyer want to […]
I have previous student loans that were paid off completely years ago. We were recently discharged from bankrtupcy and I am considering returning to school. Will the bankruptcy affect my ability to get student loans in the future? I am in Ontario.
If I left high school to work, encountered numerous financial problems, then my question is, IF I declare bankruptcy, can I still apply for OSAP to go back to school?
I have students loans and credit cards. Now I am in Japan and I owe like 65,000 total. I cant make payments right now and the compound is killing me. I dont know what to do. Also can they go after my family members for my mistake? Nothing is cosigend so…
I am approximitly 13 000 in debt right now (student loans and credit cards) and am only making 700 a month. I am only 22 years old and i don’t want to ruin my credit even more. Would bankruptcy be a good option? I would prefer to get a consolidation loan but have no co […]
I hope to begin a new program of study in Jan 08 and I will have been out of university since 1998 and need to file banruptcy on my student loans. I will be attending a private college. I will not be obtaining loans to attend this college. Will this interfer with my application?
Hello My question is regarding banckrupcy and student loans. I have been told that for a student loan to be cleared by banckrupcy a person has to wait a period of 10 years. My question is: If a person graduates in 1996, but has taken a single course (say a programming course outside of his […]
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 […]
I’m having some issues with Student loans right now. I was curious as to what percentage that Student Loans can garnish of a person’s wage? (Currently, making 11 dollars an hour for 37.5 hours a week in PEI.) Thanks.
