Can I declare bankruptcy if I've received a wage garnishment from the Loans and Bursaries program? I tried to reach an agreement with them to reduce the amount, but the garnished amount is far too high for me.
You can file for bankruptcy or a consumer proposal to stop the seizure. As for whether your student loan is eligible for discharge, you must have been out of school for at least 7 years.
Questions reliées
- How do I declare bankruptcy in order to get out of a 10-year student loan?
- I am supposed to inherit a sum of money. However, I owe money to the Quebec Ministry of Education for student services. Will the amount I receive be reduced by my student debt?
- I declared bankruptcy in October 2019. I want to return to school and will need loans and bursaries. Will my bankruptcy cause me problems obtaining them?
- I have a debt from my studies in Quebec, which I completed almost 10 years ago. I have used all my deferred repayment options (60 months). The last request was made two years ago. I haven't been able to start making payments due to financial difficulties. I had permanent resident status from 2010 to 2014. I have been living abroad since 2014 and have therefore lost my permanent residency (I have been absent for over five years). I started a study program in Quebec last year with international student status. I am currently studying remotely due to the pandemic, but I should be arriving in Quebec soon. Could my situation cause problems with immigration services upon my arrival? Is there any way to reduce my debt? Who should I contact to renegotiate my file?
- I have a student loan in Quebec from 2003 to 2006. I left Canada in 2006 and have been trying for two years to repay the loan to the Quebec Ministry of Education, but they can't find any record of my file. I don't know what to do.