2009-02-14
Yes, you can do a bankruptcy if you have a student loan. However, if you are still expecting to receive more money from Student Loans during the time you will be in bankruptcy (usually a 9 month period), there can sometimes be difficulties in getting these amounts from Student Loans during the bankruptcy - they may have concerns that the funds will be seized in the bankruptcy and they may not advance any more money to you until you are discharged from the bankruptcy. Depending on your financial circumstances, you could consider doing aConsumer Proposalinstead of a bankruptcy. Student Loans may be more comfortable continuing your loan advances during a Proposal. Judy Scott Meyers Norris Penny Vancouver - Port Moody - Abbotsford, British Columbia 604-949-2113
2025-07-14
MNP Consumer Debt Index
Nearly half of Albertans (47%, +2 pts) report they are $200 or less away from financial insolvency each month — more than those in any other province — according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Nearly two-thirds of Quebecers say they desperately need interest rates to go down (63%, -2 pts), according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.
