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
2025-04-25
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
2025-04-24
Filing a Consumer Proposal can feel overwhelming, but it’s not the end of your financial journey.
