student loan bankruptcy

Student Loan Bankruptcy - We Ask an Expert!


Want to declare bankruptcy on your student loans?

It's not easy and for most people, it's probably not the right route. But yes, it can be done.

We walk you through Canada's student loan bankruptcy rules in Debt 101's new Q & A on Student Loan Bankruptcy (Basic). In this new feature, well-known bankruptcy trustee Douglas Hoyes explains the law, then looks at real-life cases.

Q & A: Student Loan Bankruptcy (Basic)

by Jeannine Mitchell




For this Q & A, Debt 101 Publisher Jeannine Mitchell consulted Douglas Hoyes, an Ontario-based bankruptcy trustee known for his interest in student loan bankruptcy policies. Relevant legal transcripts supplied by Mr. Hoyes are attached.

Can I Get Student Loan Forgiveness?

Here is a second in our 'people's question' series in the blog. 

Who do I contact to arrange for student loan forgiveness?
My loan is 10 + years old; not accredited (can be forgiven through the regular
channels; and in default. Single parent with [number of children deleted] on an [office-worker’s] salary.


Bankruptcy Didn’t Do It the First Time – Can I Try Again?


 Bankruptcy is the first topic for our 'Private Questions Go Public' series. And if you want more on this topic, read our new Student Loan Bankruptcy Q + A (Basic) 

New Student Loan Bankruptcy Rules Shorten Wait


Canadians overwhelmed by student loan debt have been granted a three-year break.

On July 7, 2008, Minister of Labour Jean-Pierre Blackburn signed an Order-in-Council permitting automatic discharge for student loans in bankruptcy after seven years.

An existing rule requiring a 10-year wait had been on the books since 1998. The 10-year rule led to charges of discrimination and a legal challenge.