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I am currently $60,000 in debt from Cooking school in 1998 and University in 2007. I currently make $24,500 a year, and between my federal and provincial loans, my monthly payment is $520/ month (ammortized over 175 months). I was unable to keep up with the payments since graduation, and have had interest relief several […]
Does the student loan default legislation distinguish between part-time studies and full-time studies? How about graduation date, or whether I have graduated? Posted from: Ontario
I am 55 years old, passed more than 7 years i left the university and still I am unemployed without any source of income except the small salary of my wife which in the minimum wage and not enough to make any repayment of the student dettes non for me niether for her. What to […]
I have OSAP and RBC student line of credit. The RBC LoC does not list as a `student` LoC on my statement. Is the RBC debt considered a `student loan` under bankruptcy? Thanks Posted from: Ontario
I graduated from University in May, 2006; and my last student loan/full-time student study period was the 2005-2006 school year. Now due to the economic downturn and losing my employment; I hope to return to school for a few classes as a full-time student from May to December 2009; and this period would be self-funded […]
Once your loan has been sent to a collection accency, is it still considered a student loan? I was just wondering in case i had to file for bankruptcy? Thank you Posted from: Ontario
I had a student loan which is now over 10 years old. I have not been able to find out any info on my loans as I am always told by the bank, osap, collection agencies (who call me in regards to my loans) and the national student loans centre that they have no record […]
Hello, My common law husband is filing for bankruptcy due to a large amount of debt. His income is the only income we have as I stay home with our children. Our monthly income is below the allowable banruptcy limit and we have no surplus. Currently we barely have enough income to cover rent, food […]
As the student loans I`ve received came in two parts – one part from the Gov`t of Canada and the other from the Province of Alberta – I was wondering if the existing, as well as new regulations surrounding bankruptcy and student loans applies to both parts of my overall student loan debt. Thank you […]
I attended College on and off since 2001. During that time, I went through a costly divorce, serious illness that prevented me from working( I was not on disability due to the fact that my ex was ordered to pay spousal support and is still paying). I attempted to get my RN degree, but could […]
