Many people struggle to repay their student debt even years after graduating due to inconsistent income or lack of gainful employment. Falling behind on student loan payments is not uncommon but it should be dealt with, especially if your loans are now in collection. We explain what creditors can do and how to get relief.
Lots of young Canadians are struggling with repaying their student loans for a variety of reasons. But does consolidating government student debt make sense and what other options do you have?
Are you struggling with payments on your student debt? Here is our comprehensive guide on government relief programs for student loans. Learn when student loans can be discharged in a bankruptcy.
Bankruptcy law discharges student loans if you have been out of school for seven years however you can make a hardship application for discharge after 5 years. Find out how.
Student loans have special treatment in a bankruptcy or consumer proposal. We explain the 7-year rule, what it means for your student loan to be discharged and review a case file from one of our clients.
Student loans are among one of the top reasons people run into debt problems. Find out more about when student loans can be discharged in a bankruptcy, and other debt relief options available to you.
Are you a student that is new to concepts like loans, credit cards, housing bills, and repayment plans? Find out 5 lessons you should know about student debt, and how you can manage your money wisely.
Did you know there are rules in place when it comes to the way student loans are treated in an insolvency? Find out the rules to ensure your student debt is discharged or released in a consumer proposal.
Post-secondary tuition in Ontario is on average the highest among all the provinces in Canada. Find out more about student debtors and what solutions are available if you are struggling with student debt.
There is a difference between government student loans like OSAP and Canada Student Loans and a line of credit at a bank or credit union when it comes to insolvency. Learn more here.
It’s not uncommon for an insolvent debtor to want to go back to school. But are they eligible for OSAP during insolvency? Find out what factors make you eligible and what is required in your application.
There are several scenarios and questions to consider when applying to post-secondary education programs. Doug Hoyes explores this topic as it relates to student debt and current Canadian statistics.
It is more common than ever to see individuals filing for insolvency for unmanageable student debt, in Ontario. Find out what happens if you can’t repay your student loans and options for debt relief.
Debt Relief Experts
