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
2025-06-19
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.
