Really old CIBC Student Loan & credit report HELP!

This is a long one....but thank you to anyone who gets to the end....

I had a student loan with CIBC which started in 1997.  Finished school in 2002, and my mother offered to pay for my loan upfront as a graduation gift.  She paid off Canada Student Loan for me.  Anyway, long story short here, she was unaware that back then student loans in Ontariio came in 2 chunks, the Canada Student Loan portion and then the Ontario Student Loan portion.  So when she started getting calls for me regarding the Ontario Student Loan portion, she kept telling them that my student loan was paid off and to stop calling.  I'd moved out of the house by this time and eventually, about a year and a half later, had also left the country to work abroad.  The calls to my mother eventually stopped.

I know, you could argue that maybe we/she was being a little naive about what was going one, but it's in the past now....at least 12 years in the past as far as my calculations can estimate.

So, I spent 8 years in England and came back last year with husband and son, and soon after we'd open a new jointbank account in Canada and started depositing money into it, we one day found that the account had been emptied down to the last penny.  A few thousand dollars.  In a panic we started the investigation to find out what on earth had happened to our money. Checked my credit report to see what it said and there were no delinquent accounts on it.  In fact I had no credit history on report at all because I'd been gone for so long.  Eventually, it was brought to light that the money I owed to CIBC for the Ontario Student Loan was taken from our account by a collection agency.  We'd opened our new joint account with CIBC as well and the funny thing is that when we were opening it, the guy who did all of our personal checks even said to us that all dealings with CIBC and myself in the past were all good, he even mentioned the Canada Student Loan that had been paid in full...and proceeded to open our new account.  It turns out that due to the fact that it was a student loan, the statute of limitions does not apply, and they basically rinsed out account as soon as it had money in it. We ended up getting it back by proving that the money was not mine and was entirely my husbands.  I have since been paying off the student loan through the collection agency on a monthly basis and as it stand the collection account is in good standing.  It was a real kick in the arse to come back to Canada and come back to this, as I was unaware of the debt, stupidly, I know.

Here is my problem though now.  When we checked my credit report last year, there was nothing on it.  Now, in Sept 2013, the CIBC student loan has magically reappeared, with a date of last activity as May of 2009. It should actually be sometime in 2002, and would have long dropped off my report, and considering that in June/July of 2012 it was not on my report, I'm assuming it would have been deleted if it had ever been there.  I've had no financial activity at all in Canada since 2004.  I have a print out of a credit report from April of this year (2013) with nothing but a FIDO account on it, in good standing.  Now the report as of AUG 2013 has the CIBC student account on it.  How can this be?  Especially when all this confusion with our account being emptied happend in June of 2012.  Why over a year later is this showing up on my report?

Has this debt been re-aged illegally?  And/or by whom?

Advice would be appreciated as my credit score with Equifax is ridiculously low now because of this. It was very good at the beginning of the year.  All other accounts are in perfect standing.  Really upset about this, we are trying to buy a house.

Well, we did get the money back that was taken from our account, but not because of any limitation issue.  We managed to prove that the money they took was my husband's and not mine.  Whether or not they could legally pursue this debt is another issue entirely, and I'm already paying it off now anyway.  My concern right now is what is on my credit report. As I mentioned in my original post, this debt debt was not listed on my report last year, and now it is.  It would have become delinquent in late 2002 and from my understanding, should have been removed from my report in 2009.  Instead, it is now listed on my report with a date of last activity in 2009.  I'm no expert of course, but something doesn't pan out here.  Can a report printed out earlier this year (which showed no defaulted cibc loan) compared with one printed out today (now showing the cibc loan, with a date of last activity iin 2009) be proof that someone has purposely reinstated this account on my credit report even though it is past its time frame to be allowed to be reported?  Can an old debt that has left your credit report be out back on?  Surely not, right?