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SOL on provincial portion of OSAP

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DrPepper View Drop Down

Joined: 17/April/2018
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote DrPepper Quote  Post ReplyReply Direct Link To This Post Topic: SOL on provincial portion of OSAP
    Posted: 17/April/2018 at 11:47am
I got the first portion of my OSAP loan in 2003, and then had OSAP for the 03/04 school year, 04/05 and 05/06 (I'm not sure if the first payment from OSAP or the last is most relevant. Also, I was a minor when the first portion of the loan was paid to me)

I've never made a payment toward it. I am fairly certain they have written off the federal portion of my loan, as no one has made any attempt to get payment for it in recent memory (not in the last 10 years, at least, probably longer), but the CRA does take my tax refunds and apply them to the provincial part.

So regarding the provincial portion. I have never paid funds directly toward this debt, but I have also never objected to my tax refunds being garnished, either. I was out of the country and did not file taxes for 2011 or 2012, so there was a two year period when no payments of any kind were made against the loan, but on filing my taxes for subsequent years, my refund is garnished in full.

What I am wondering is, if that refund being applied to the loan resets the SOL. I have not acknowledged the debt in writing, ever, but I possibly have said something to that effect on a recorded call with a debt collection agency.


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Royal-NCO View Drop Down

Joined: 17/March/2010
Points: 243
Post Options Post Options   Thanks (0) Thanks(0)   Quote Royal-NCO Quote  Post ReplyReply Direct Link To This Post Posted: 19/April/2018 at 8:09pm
For the years that you're describing it is unfortunately you who is SOL.  There is no SOL on the Ontario portion of these loans for those years and more recently.  They can chase you indefinitely, take you to court, and renew collections on your credit report, etc., until the day you die.  Unfair, I know, but that is the reality. Bankruptcy is your only way out unless you have the means to make the necessary payments to rehabilitate your loan, or can demonstrate extreme, long term,  hardship.
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