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On you website I read the following: `Breaking News: New Bankruptcy Laws Are Scheduled to Come into Force on September 18, 2009 `Breaking News: New Bankruptcy Laws Are Scheduled to Come into Force on September 18, 2009 Student Loans Now Discharged After 7 Years As expected, student loans will now be automatically discharged in a […]
When does the 10 years start for bankruptcies that happened in 1992, for student loans? When you signed the papers for the loan or your last day of school. Thanks Posted from: British Columbia
With respect to the new laws in Bankruptcy and Student Loans- Is the seven year period from when you graduate university, or is it the date that you last recieved student Loans? In my case there is a few years difference. Posted from: Nova Scotia
I left Ontario for Japan over 10 years ago and didn`t repay any of my student loan. Will I now be able to return to Canada and work there or will I still owe the money? How would they know? Posted from: Ontario
Hi I had a student loan in 1991 and moved abraod and didn t pay it.. What happens if I move back to Canada? Is the loan still `live` or has it been dissolved due to non payment over such a long time? Posted from: Manitoba
I declared bankruptcy last month, and my end of study date is May 31, 2002. I received a letter from Sciotiabank this morning stating that they have received notification of my bankruptcy. In the letter it states, `since June 18, 1998, student loan debts are not extinguished through participation in bankruptcy unless seven years have […]
I`ve been contacted by a collection agency for a CIBC student loan in 1997-98. They will not accept a payment plan and want me to open an account with CIBC and have my payroll cheque deposited there every two weeks. After this is done they `may` decide to talk about a payment plan but they […]
Can overdue Student Loan Collection Aggency Garnish my wages?? Just recently contacted about an overdue student loan debt from collection agency, she is unwilling to negotiate a payment plan. Posted from: Ontario
I have been out of school/university for 4 years this August 2009. I have been working in odd jobs that have nothing to do with my degree and have been tight for cash ever since. I haven`t been able to go and finish my degree because the costs are too great for my situation and […]
When a student loan goes to collections is interest still applied till it`s paid off? My understanding was RBC sold their student loans to collections. Would that not make the loan null and void being that I never signed for the loan with the collection but with the bank that no konger owns the loan. […]
