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
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
