STUDENT LOANS

Under current legislation, student loans are debts that are discharged by bankruptcy only if the date of bankruptcy is more than ten years after leaving studies.

If there is a bankruptcy before or within ten years following the leaving of studies, a Court can order the discharge from a student  loan, once the ten years has passed, if the person has acted in good faith and the person will continue to experience financial difficulty in paying the student  loan.

B.C. student loans has historically reviewed bankruptcies in detail and in some circumstances object to a bankrupt's discharge.
 

For more information please refer to our pages:
Personal Proposals - Avoiding Bankruptcy; or The Most Common Questions asked about Personal Bankruptcy.

If you have any questions, please do not hesitate to contact any of our professionals at

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