| Author: |
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Victor |
| Date: |
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May 2, 2001 |
| Question: |
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Is it possible to file a bankruptcy for student loans
due to hardship?
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From: |
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Ann Clarke, Collins Barrow Limited |
| Date: |
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May 3, 2001 |
| Answer: |
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Bankruptcy legislation specifies that any debt for a student loan, where the person has been out of school for 10 years or less, is not released or discharged by bankruptcy. unfortunately, hardship does not change or affect this law.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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