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In Canada, Bankruptcy can be a viable option for dealing with student loan debt. However, student loans are typically only discharged by filing an assignment in Bankruptcy if you've been out of school for seven years or more. If a Bankruptcy might not be feasible, alternatives like a Consumer Proposal offer negotiated settlements with creditors and can address your student loan debt. Consulting a Licensed Insolvency Trustee can help explore these...

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Managing student loan debt requires proactive steps such as understanding your repayment options, creating a budget to allocate funds for loan payments, and exploring opportunities for loan forgiveness or repayment assistance programs.

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I was quite embarrassed and nervous about my current financial situation but after talking to Louis and going over my options I was at ease quite quickly. He was a great help and I never felt judged. I now look forward to my fresh start. Thank you Louis and MNP!

Anonymous Anonymous - Fredericton, NB

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