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
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