2008-06-04
The most recent information indicates that the changes will take effect in the summer of 2008. The expected changes to the student loans rules are that the 10 year rule will be reduced to 7 years. That would mean that if you ended your studies more than 7 years before a bankruptcy or proposal, your student loans would be forgiven. Currently, it has to be 10 years before the date of bankruptcy or proposal. The text of the proposed changes is expected to be published in the June 7, 2008Canada Gazette - if you’re interested in taking a look. Judy Scott - Vancouver - Port Moody - Abbotsford - 604-949-2100 - 1-866-568-1335
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
