Personal Bankruptcy Forum


Author:   Erin
Date:   November 9 , 2001
Question:  

I am writing to see if I can declare bankruptcy on my two loans. One is a Canada Student loan and the other is an Ontario Student loan. They are now at least 6 years old and I have tried credit counselling.

 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   November 14, 2001
Answer:   Under current legislation, bankruptcy will not discharge your student loans unless you have been out of school for 10 years or more.

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




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