October 29th, 2009 by Questions
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 elapsed since the borrower ceased to be a student. Therefore, your student loans will survive bankruptcy and will not be released by an order of discharge.`
I have not taken any courses since May 2002. Before declaring bankruptcy, I asked for and received a letter from the National Student Loan Centre stating that my end of study date was May 31, 2002. Is this a form letter that Scotiabank sends to all bankrupts with student loans?
Posted from: Ontario
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