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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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Student Loan / Upgrading

Hi, I have a outstanding student loan of close to 30 thousand. I’ve been paying on it not the full amount that they’ve requested but what I could afford at the time. I’ve never had the opportunity to use the courses I took in school and I’ve been out of school since 1997. In 2008 I went back to get grade 11 physics. So my question is to claim bankruptcy would I have to wait 7 years from 97 or from 08?

Posted from: Prince Edward Island

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One Response to “Student Loan / Upgrading”

A licensed trustee said...

You should contact the National Student Loan Centre and ask what your “end of study” date is – the 7 year exclusion starts from that date.