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Can student loans be included in a consumer proposals

Can student loans be included in a consumer proposals?

Posted from: Alberta

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One Response to “Can student loans be included in a consumer proposals”

A licensed trustee said...

Certainly – they are entitled to vote just like any other creditor. Keep in mind the 7 year rule – you need to have been out of school for at least 7 years in order for a consumer proposal to discharge student loans, other than that they are no different than say a credit card or income taxes. All of these things may be included in a consumer proposal.