Ontario Limitiation Issues

 

I would like to point out once again that the Ontario Limitation Act was ammended in 2004, citing that limitations do not apply to Ontario student loans. If you were to approach the Ontario government and simply ask them if limitations apply towards Ontario loans they will say "no". Of course they want to collect money and not make people aware of anything that would otherwsie restrict them. It is typical behavior within government financial and debt recovery sectors. In my opinion, the ammendment to the Act in 2004 applies to loan agreements and contracts that were entered into on or after the date of the new legislation coming into force. So, that would mean that any agreement or contract for an Ontario student loan that was entered into before the date of it's coming into force (April 2004) would not apply in these cases.

 

I have conferred with many professional law groups and professionals within The CFW Group's network and we have arrived at the same opinion. No one has yet to challenge the Ontario government on this but I am sure willing, as always.

 

Johnny

 

  

 

My friend, we have a student debt crisis whereas student loans will survive the 18-20-year old that are borrowing today. It is a catastrophy. The govenrment needs people to be in debt so it can continue to feed it's machine. The problem is the hierarchy within that makes all the decisions and is responsible for the mess that it has gotten Canada into, both economcially and politically. CRA and the Canada Student Loans Program. These two Crown organizations are wreaking havoc on Canadians and there is absolutely no way to hold them accountable. They are impervious to the law and prosecution for their malicious behaviors and actions towards  those who it does not like, and the same for the  hierarchical brother and sisterhoods within CRA who order agents down on the front line to act and behave in a malicious and unlawful manner towards an individual or business. You see, power demands obedience. Anyone who challenges or does not conform in the manner in which is dictated by that system of government is in danger of some form of retribution.

 

Lastly, if a limitation issue is not the issue then you have to do what you can to remain safe. If you want help with that you will have to become a client.

 

Johnny