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.


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daviddickinson View Drop Down
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    Posted: 19/August/2013 at 7:05am
If there is no federal limitation act, then wouldn't the provincial limitation act apply? I noticed that some people on this forum have not done income taxes for several years. This might not be a bad idea, as I am assuming every time you file taxes and the feds seize the refund, a payment has been made, thus re-starting the limitation period. I always do my taxes, and every year for the past 20 years the feds have scooped my refund, when there is a refund.
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Madmorrigan View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Madmorrigan Quote  Post ReplyReply Direct Link To This Post Posted: 20/August/2013 at 1:21am
The limitation period does NOT get restarted when one's refund is clawed back. In order for the limitation period to be reset, one must acknowledge the debt voluntarily i.e. make a voluntary payment; refund clawbacks do not qualify as such.
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SolveStudentDebt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 21/August/2013 at 1:36am
bankrupty, or anything related to it will also represents an admission of liability if one makes an assignment or contract of any sort where debt has to be declared.
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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