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Bankruptcy & Student Loans - DANGERS

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Johnny View Drop Down
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Joined: 05/November/2003
Location: Canada
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    Posted: 17/June/2019 at 3:56am

An increasing number of frustrated student loan borrowers are turning to bankruptcy. Many borrowers find that even after declaring bankruptcy, they are still being pursued by private agencies, provincial recovery offices, the Canada Revenue Agency (for Canada Student Loans), and the US Department of Justice (for US Federal Loans). This is because there are problems that cause the court to deny a discharge when it is motioned for under section 178 of the BIA. Or, a student loan provider files to oppose a discharge and succeeds in binding the person to the debt. 


The goal for any bankrupt should be to secure an absolute discharge after the bankruptcy period has run it's course. The best way to secure that is to be PREPARED.. So, if you are contemplating bankruptcy and want to ensure that you are making the right choice, and that the benefit bankruptcy boasts is within your reach -  We can help!

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Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.
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