Personal Bankruptcy Forum

Author:   Anonymous
Date:   November 6 , 2001
Question:   I have student loans from the last 3-4 years. I just finished school this year and can't find a full time job yet, working part-time only. Can I file for bankruptcy or is there a period of time I should wait?
 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   November 7, 2001
Answer:   If a person makes an assignment into bankruptcy and has been out of school for less than 10 years, any Student loan debts survive the bankruptcy and must be paid in full. If you need assistance with your student loan, Credit Counselling Services of Alberta may be able to help. Their toll-free number is 1-800-294-0076.

Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca




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