This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their upcoming changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities can't plan. I've heard of courses being cut because the government has no process in place for universities to send the newly required acceptance letters to the government.

This means that students who have been accepted can not attend courses that start in the summer 2024 semester. With cut sections, current Canadian students will have trouble getting courses, and may have to switch to part-time which changes their enrollment status and might trigger repayment of their loans or ineligibility for funding. I've seen this before. It wreaks havoc on the student loan borrowers.

Again, the Liberal government has messed up the education environment. Will the new system needed in a rush for the acceptance letters be the new Arrivecan scandal?

I call on the government to implement a slower phased in approach and delay the requirement of the acceptance letters until a process is in place to submit these letters.


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    Posted: 07/February/2014 at 2:05pm
Hoping to get some feedback on lingering issue that seems to be coming to head.  Had provincial student ontario loan(Ministry of Training, Colleges and Universities) that defaulted over 10 yrs ago.  Went in various collections over the yrs and I ignored it.  Not sure how much debt is (maybe around $4K).  

It has fell off my credit report for several yrs now and debt has been with Total Credit Recovery.  They've gone through calling phases over last couple yrs to which I've ignored.

Today I received a letter from Canada Revenue Agency saying that have outstanding debt under this program and they are allowed to apply any income tax refunds/tax credits towrds this debt.  Noted I should contact Total Credit Recovery to address.

I'm applying for home mortgage soon and have maintained good credit score so my urgent questions are as follows:

1) By CRA applying refunds towards this debt will this constitute "partial payment" and reset clock or is that irrelevant when it comes to provincial loans.  can't go back on my credit report correct?

2) If get sued, would it come from TCR or could CRA do notice of claim for this particular issue?  A notice of claim wouldn't go on my credit report (regardless if CRA or TCR initiates?), only if go to court and judgement is made, correct?  If can get sued by CRA for this provincial program issue can they bypass court and go direct to judgements and matters of wage garnishments, liens, etc.  Or are they just relegated to tax withholdings, etc.

3) If I decide to pay TCR can it go on my record or is my credit report essentially safe because this debt fell off my report several yrs ago already? (hence mortage broker would never see)

Essentially like to know worse case outcomes here.  Any responses would be greatly appreciated.


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Post Options Post Options   Thanks (0) Thanks(0)   Quote ap2333 Quote  Post ReplyReply Direct Link To This Post Posted: 07/February/2014 at 2:46pm
Also with CRA in picture is it forgone conclusion that it'll stay with them until debt is paid?  Do I have option to dispute matter?  If so do I formally dispute matter with TCR?  At that point would CRA have to release domain on this issue until heard in courts?  Again, responses would be greatly appreciated.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ap2333 Quote  Post ReplyReply Direct Link To This Post Posted: 13/February/2014 at 4:34am
Hoping someone can lend some advice please.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote administrator Quote  Post ReplyReply Direct Link To This Post Posted: 13/February/2014 at 7:45am
Sorry no one has replied....

Read up on statute barred loans....
http://canadastudentdebt.ca/forum_topics.asp?FID=90&title=collection-of-old-stats-barred-loans

and talk to John at CFW Group....
I do not recommend making a payment or writing any letters until you have determined if your loans are statute barred or at least talked to Johnny.

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https://LaughSingWrite.com - http://bit.ly/heal2024
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ap2333 Quote  Post ReplyReply Direct Link To This Post Posted: 16/February/2014 at 4:13am
Thank you.  How do I get in touch with John?
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His website is
http://www.cfwgroup.ca

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Mark OMeara
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