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Student Loans: Answers to Questions

Most Recent ‘Student Loans’ Posts

Student Loan from 1985

What should I do? I have a student loan that started out as $10,000 but has accumulated interest and fees bringing it to over $33,000. I was not able to make any payments following graduation in 1985 being a single mom and working min. wage jobs. I did make payments when I had extra income. […]

No payments in years

Hi, question on my government student loans and bankruptcy. My last day of school was in April, 2004, so I am past the 7-year threshold to discharge with bankruptcy. I owe approx. 55 000 and earn 30 000/yr. Besides my tax returns being seized (approx. 2500/yr for 5 years now), I have not made a […]

Mike

I filed in 2005 and was discharged in 2006. My paperwork shows the student loans to be included. I received a letter from CRA requesting the student loan be repaid. Contact my trustee and it appears I finished school in November 2005 and filed in August. Is there anything I can do to have this […]

Student Loan / Upgrading

Hi, I have a outstanding student loan of close to 30 thousand. I’ve been paying on it not the full amount that they’ve requested but what I could afford at the time. I’ve never had the opportunity to use the courses I took in school and I’ve been out of school since 1997. In 2008 […]

7 year rule

Hi, I was told that student loans can be discharged after 7 years but that the student loans people can oppose your bankruptcy on the grounds that your education is a life time asset and can have the courts make you pay a percentage of your loan amount before you get your discharge. Is that […]

Filed Bankrupcy in 2006

I filed Bankrupcy in 2006 finished school in 2001. I would like to now add this student debt to my original bankruptcy. I was advised that I could apply to have it added to my original bankruptcy can you advise what legislation or court forms or law to note when I apply I now live […]

I have a student loan..

I have a student loans that I have had since 2004 november. Is it true that after you have had it for 7 years you can claim it and get rid of it on your bankruptcy? Posted from: Manitoba

Student

If I am being garnished from my pay for student loans, is there anything I can do? Would a consumer proposal help? I’m being garnished 30% and am not able to pay rent this month, let alone buy food or pay any other bills I have. Any help would be appreciated. Posted from: Ontario

Student Loans / Equifax

In short, I ceased to be a student in 2002. I have in excess of $75 000 in Canada Student Loans. I have never made a payment. My CSL accounts have been in collection since 2003. I just this evening ran an Equifax credit report in which none of my CSL debt was reported in […]

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