This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities have been forced to cancel programs and layoff hundreds if not thousands of full-time and contract instructors.

Again, the Liberal government has messed up the education environment.


  New Posts New Posts RSS Feed - applying for bankruptcy
  FAQ FAQ  Forum Search   Register Register  Login Login


Forum Lockedapplying for bankruptcy

 Post Reply Post Reply
Author
taylorroo View Drop Down
Newbie
Newbie
Avatar

Joined: 07/September/2004
Location: Canada
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote taylorroo Quote  Post ReplyReply Direct Link To This Post Topic: applying for bankruptcy
    Posted: 07/September/2004 at 3:26pm
Hi, Im new here and I was just wondering if anyone has any names of trustees in Toronto. I'm planning to apply for bankruptcy and I was hoping to get some advice on trustees.  Thanks.
Back to Top
Sponsored Links


Back to Top
dazed&confused View Drop Down
Groupie
Groupie


Joined: 29/July/2004
Points: 314
Post Options Post Options   Thanks (0) Thanks(0)   Quote dazed&confused Quote  Post ReplyReply Direct Link To This Post Posted: 08/September/2004 at 6:40am
I went to Hoyes/Michealos  and  Janette Martin there was very nice.  Couldn't do anything for me unfortunately.  I've heard on another thread here that Deloitte&Touche is good too. 
Back to Top
taylorroo View Drop Down
Newbie
Newbie
Avatar

Joined: 07/September/2004
Location: Canada
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote taylorroo Quote  Post ReplyReply Direct Link To This Post Posted: 08/September/2004 at 12:58pm
Hi, and thanks for replying.  Can I ask why they couldnt do anything for you.  I contacted them and I have talked to Benny.  I'm going to check out Deloitte and Touche.  Thanks again.
Back to Top
dazed&confused View Drop Down
Groupie
Groupie


Joined: 29/July/2004
Points: 314
Post Options Post Options   Thanks (0) Thanks(0)   Quote dazed&confused Quote  Post ReplyReply Direct Link To This Post Posted: 08/September/2004 at 4:21pm

Because once you have defaulted on a student loan - that's it. Student loans will survive bankruptcy unless they are more than 10 years old. I was hoping to get a consumer proposal but these too are void with student loans.  Basically all it would do is the CAs would not bug me for some time.  It was too little relief to justify spending so much.  The government has made it impossible for defaulted SL debtors to get any help or relief.   

Back to Top
 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.07
Copyright ©2001-2024 Web Wiz Ltd.