Bankruptcy Alberta - Student Loans

   

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Bankruptcy Alberta - Question & Answer Forum - Student Loans




Author:

 

Anonymous

Date:

 

Nov 13, 2007

Question:

 

I completed a consumer proposal in 2004 and was discharged from all debts execpt Student Loan debts. I have made arragments to pay my Student Loan debts and have been paying them faithfully but they contiuue to ask for more money each month and I am afraid of wage garnishments. I still owe about 30,000. Can I declare bankruptcy on the student loan debts even though they were included int he consumer proposal? If so, my 10 year are up in July. Do I have to wait until then?



From:

 

Vanessa, Grant Thornton Alger Inc.

Date:

 

September 12, 2007

Answer:

 

You would have to wait until it was 10 years since you had left university or college. Please see the following link for information on student loan relief: www.alger.ca/bankruptcystudentloans.htm

Please contact our office or, if you are not in Alberta, a Trustee in your area of residence to discuss your situation and options.

Vanessa Grant
phone: (403) 296-2977

Click here to submit a question to the Alberta Bankruptcy Q&A forum

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