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- individual we've assisted

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Will bankruptcy eliminate student loans?

Do you live in Thunder Bay or NW Ontario and have huge student loan debt and interest building up faster than you can repay? Considering bankruptcy to get a fresh start.

Under current law, Canadian student loan debt can be discharged in a bankruptcy as long as it has been seven years since you last attended school at the time you make a bankruptcy filing. The same seven year cut-off applies for proposals. See also this FAQ.

Our Grant Thornton professionals can help you with your student loan concerns as they affect a bankruptcy or proposal. To speak to someone now call us at 310-8888 for a free, no obligation, confidential consultation.

For additional information regarding Student Loan issues contact:

National Student Loans Service Centre
Public Institutions Division: 1.888.815.4514
Private Institutions Division: 1.866.587.7452

Contact us for more advice on bankruptcy and other alternatives.

 

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