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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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bankruptcy in 2006 and still owe money in student loans

I CLAIMED BANKRUPTCY IN 2006 , I HAVE RECEIVED NOTICE THAT I OWN 45000 IN STUDENT LOANS. I AM NOW PAST THE 7 YEAR MARK SHOULD I CLAIM BANKRUPTCY AGAIN. MY FINANCIAL SITUATION HAS NOT CHANGED.

Posted from: Ontario

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One Response to “bankruptcy in 2006 and still owe money in student loans”

A licensed trustee said...

You may claim bankruptcy a second time if you wish, but I think you should either talk to the trustee that helped you the first time or hire a lawyer to deal with your student loans. You have the right under the law to apply to the Court now that the 7 years have passed to have your student loans retr-actively discharged by the bankruptcy you’ve already completed. This will do less damage to your credit report than filing a second time…