Search / 49 posts tagged bankruptcy and student loans

Prior to being able to file you must meet with a court approved credit counselor or counseling agency. You must complete a couse to better able you to manage your finances including a budget making and keeping course.

When Should I File For Bankruptcy? Posted: 15 Aug 2008 You owe a large amount of money. Sure, bankruptcy is an option to get rid of the debt but how do you know when to file? Have you been asking yourself certain questions like: Am I qualified? Do I owe enough money?

i am currently considering separating from my common law partner; this will cause a significant financial strain as he make 3 times as much as me and the cost of living here in really high. I have student loans that will reach 7 years old in May 2009. I understand that i may be able to have these included in bankruptcy due to financial harship.

I graduated from a Quebec university in 1993, and now carry a very large loan. The government has recently had a judgment against me for the amount.. Is it possible to declare bankruptcy in this situation? will this be able to be included? Posted from: Quebec Bookmark or rate this blog:

Bankruptcy - The Final Chapters Posted: 16 Jul 2008 Considering the far-reaching effects of bankruptcy - social stigma, lowering of Fico scores, ruinous notations upon credit reports for up to a decade - too many borrowers don’t even bother investigating the bankruptcy option until it’s too late.

I have 2 student loans. My first student loan is with Canada/Ontario and my second is with Quebec. It has been 10 years since my first and 4 years since my second. There was a 3 year period in between the finishing of the first and starting of the second degree.

Are you overwhelmed by monthly payments to credit cards, student loans, mortgages, car payments, or other debt? You are not alone. Are you adding more to your debt each month than you are paying off? This can be one of the most stressful situations in your adult life.

I had to declare bankruptcy two years ago due to divorce. I was discharged in April 2007. I started to repay my student loans with the CIBC National Student Loan Centre and thought I was back on track, when I received letters from CRA, HRDC and a collection agency saying I owed them more.

Hi, The last student loan that I received was in September of 2000. I know that I must wait two years before I can file for bankruptcy. I became unemployed 2 years ago and Service Canada payed for me to go to school at a Career College where I took a 6 month course unrelated to my previous studies.

Hi there, my 10 year student loan period will be up soon and I am trying to have every thing i need before i go to see the threstee. My question is, Is there any proof i need to show the threstee regarding the 10 year period other than giving the phone number of my loan officer to confirm the date?