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kwester View Drop Down
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Joined: 21/June/2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote kwester Quote  Post ReplyReply Direct Link To This Post Posted: 21/June/2009 at 10:15am
After they took my $10,780 tax return (which I borrowed money to contribute to an RRSP to get), I went to court and got an order including my student loans in my bankruptcy.  Now, I want my return back and I am willing to go to court myself to do it.  I just need a little advice about which court and act to apply under.  Those buggers lied when I repeatedly contacted them by phone about inclusion of my student loans in my bankruptcy, filed no response with my trustee and gave me my GST and return for several years until I was expecting this massive return.  All this happened the same week that I lost my job.  I will get my money back!!!   How can they possibly support taking my money after repeatedly telling me over the phone that my loans were taken care of by my bankruptcy??  Can you help me figure out which court to appy to?  I AM GOING TO RUN THEM AROUND THE BLOCK FOR AS LONG AS IT TAKES!!    They will have to spend thousands on discoveries and disclosures and interlocutory applications, and then, if they still have my money, I will appeal and appeal and appeal.  For starters though, I'm going to try discussing this matter with a manager and see where we go.  Has anyone gone the legal route before?   Have there been any successful outcomes when CRA staff failed to advise that loans were still owing when contacted by phone and CRA filed no reply with a bankruptcy trustee?AngryAngryAngry
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heather View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote heather Quote  Post ReplyReply Direct Link To This Post Posted: 21/August/2009 at 4:08pm
I am hoping someone can confirm that the statute of limitations applies in BC for the bank portion of a loan taken out in the 1990s; last phone call from the bank was in 2001.  Now the bank is demanding payment plus interest for the last nine years.

I am unable to find anything definitive on the web.  I would like to take the bank to small claims court and sue for a judgment to get this over with -- is that possible?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote obastable Quote  Post ReplyReply Direct Link To This Post Posted: 10/September/2009 at 12:26pm
I have a question regarding OSAP ... I had a collections call regarding outstanding student loan (kinda confused about that but if it's my debt then I'll deal with it somehow), and so I contacted HRDC & I have no outstanding loans with them.  I contacted my old bank (which negotiated my student loans) and there was indeed a defaulted loan that went to collections in July of 2001.   At this point I contacted OSAP, who informed me that yes indeed there was a defaulted OSAP loan that went to collections.  Are these loans one and the same or are they two separate loans?  That might be a stupid question but when I was paying off my student loans I thought they were all paid off (as per the confirmation I was given by HRDC).

Is this so-called OSAP loan really a provincial debt or is it a bank financed portion of the loan negotiated through OSAP?  Is there any way I can find this information out?  My old bank said on the phone that the only information still on file re: me is the date the loan was sent to collections & that's it.

If this is a bank risk does the statute of limitations apply to it?  I know they don't if it's OSAP but when I went to college (pre-2001) our loans were arranged through the bank.

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kwester View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote kwester Quote  Post ReplyReply Direct Link To This Post Posted: 11/September/2009 at 10:02am
I think that the loans were guaranteed by the federal government but loaned by the financial institutions.  This is a great question.  Several student associations have been challenging the laws around student debt.  You may be able to find them through an internet search.  They should be able to give you an answer.  I think that this has been the problem with my student loans as well.   The Bank of Nova Scotia sent my loans back to the government, received their guaranteed re-imbursement, then forgot about them.  The gov then failed to follow the appropriate processes re: bankruptcy etc. until soemone thought that they would win Harper points by screwing me and left me in an extremely difficult situation.  I hope that you are right and that the 7 year limit applies.  Let us know please.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ineedtheanser Quote  Post ReplyReply Direct Link To This Post Posted: 09/February/2010 at 5:38pm
Johnny:
In paragraph three, you mention making a hardship application to the government.  Do you have to be bankrupt to make such an application?  How do you get information on this program.
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Johnny View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Johnny Quote  Post ReplyReply Direct Link To This Post Posted: 10/February/2010 at 6:26am
No, you do not have to be a bankrupt. There is no set form. It is an appeal based on a number of key points and demonstrations. If yuou want help with it, give me a call. It is totally inexpensive.
 
Johnny
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bodaciousbrain Quote  Post ReplyReply Direct Link To This Post Posted: 14/February/2010 at 8:24am
Hi there. I desperately need some help sorting/settling my student loan and a rather large creditline debt. I've left messages at CFW group, but no one has called me back. Can anyone recommend someone in Vancouver who has been helpful in resolving/settling a debt matter?
Thank you!
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Johnny View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Johnny Quote  Post ReplyReply Direct Link To This Post Posted: 14/February/2010 at 1:21pm
If you need to reach me you will have to email me from the site. Just go to www.cfwgroup.ca and click on the contact us tab.
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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almoe View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote almoe Quote  Post ReplyReply Direct Link To This Post Posted: 27/April/2010 at 1:12pm
hi all i need help. i live in Quebec, i have some debts now and its so hard to know from where to start or where to go. i have a student loan of 20000$ plus some credit cards of 7k. i can't bankrupt since its been only 5 years from last year being a student. am in a new job but also as a contractor so it's always not a sure thing. anyone with an advice of what other ways i can deal with those debts. i need to get ride of the student loan, even though i need to go back to school now and finish a certificate. 
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