Posts tagged Student Debt
Do I Have To Continue Paying Student Loans During My Bankruptcy or Consumer Proposal?

Even though your student loan debt may not be included in your bankruptcy or consumer proposal, there is a still a stay of proceedings in place.  This basically puts a freeze on any debt collection or payments until the bankruptcy has been discharged or the consumer proposal has been completed.  With that said, if your budget allows, we recommend that you continue with payments to avoid accumulating additional interest.

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Can Bankruptcy Deal With My Student Loans?

Individuals who file a personal bankruptcy or consumer proposal, at least 7 years after ceasing to be a part-time or full-time student, are released from paying their Canadian student loan debt.

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