ONTARIO DEBT REDUCTION IN REPAYMENT

I have received the approval letter for the CSL Debt Reduction. 

I still have not heard anything about the OSL debt reduction.  Nor have I called to inquire since I last post.

If anyone have news on whether the banks have received guidelines to process Ontario Debt Reductiont, please post. Thanks.

Hi,

My day was going bad to worse.  Worse was when I called for the status of my Ontario Debt Reduction application.

I just got off with CSR regarding my Ontario Debt Reduction application which I sent in Nov. '04. 

I asked for the status of my Ontarion Debt Reduction application, and she starts in on my Federal Debt Reduction. WTF!

Then she goes on about how my monthly payment was reduced from *** to *** because I had to make 10 consecutive payments.  I said "What?  Can you go over this again, I'll get a pen to write this down."  She said it was reduced because I had to make 10 consecutive payments.  I said that's my CSL Debt Reduction, I already got it approved and reduced.  I'm asking about my Ontario Debt Reduction in Repayment application.

She asked if I was aware of the change in amount of monthly payment for the CSL and if I was sent a lettter.  I said Yes.   That's another thing, I told her, my interest only payments was supposed to  end in 1-2 months and then my revised CSL monthly payment (after debt reduction) was supposed to start later @ ***.  But it was changed and I had to pay 2 months earlier than planned.

I'm gluing the information together and now see that I think what they did was raised my monthly CSL payments to a higher amount so I could qualify for the next Federal Debt Reduction in Repayment. 

I called for status of my Ontario Debt Reduction application and was told by a CSR my application was rejected.  I asked why and she said it was rejected because it was missing proof of income document.  She said I was supposed to send this in by Dec. 28, 2004.  I told her I never knew about this.  She asked if I got the new application form, I asked "What form?"  No, I didn't get any new Ontario Debt Reduction in Repayment form.

This is my raction to the news - .  I told her the last time I called in for status of my Ontario Debt Reduction was on Dec. 20, 2004 and I was told the government has not sent the bank the guidelines yet. 

She said she'll transfer this information and have a specialist call me back in 2 business days.

Now that I'm off the phone with her, and check my record.  Turns out I made a mistake when I said to her last I called on Dec. 20, 2004 I was told the govt. had not sent the guidelines to the bank yet.

It was Dec. 10, 2004 when I was told govt. has not received guidelines from the bank.  Still, this is only a 10 days gap.

On Dec. 20, 2004, I did call in (as her system confirmed), and it was confirmed by a CSR I received my federal debt reduction.  When I inquired about Ontario Debt Reduction status, he said he doesn't see anything regarding the status of my acct.  He was about to transfer me to the person in charge, but I said "No, that's okay."  The reason I didn't want to was I was thinking "After all, I had only called to bother this person in charge 10 days ago."

Now to be told I was called about a missing documentation which I was supposed to send in before Dec. 28, 2004?  I don't understand what is going on.

I don't even know if I qualify to apply for this Debt Reduction in Repayment.  I was not presceened for the form, I simply mailed it in and let them determine it.

Now, to complicate matter is the fact I'm currently attending a HRSDC training program.  How is this going to affect the Ontario Debt Reduction in Repayment application if I was to start the application all over again.

Previously I was told when I inquired about a second Federal Debt Reduction that it would not affect it because I'm no longer considered a student once I apply and get approved for their debt reduction, so the second one would not be affected by my going back to school because the first one has to be at least 12 months from the first and it'll rely on the date of the first application.

Right beside the application signature of the Ontario Debt Reduction application section it states: "This date must be at least 60 months from your last study end date."  I can't restart this application because now I'm in an HRSDC funded training program. 

It's all so confusing.

I'll know more when they call me and ask what I can do about the form.  If sending in the required info. is not too late.  But it looks like it is.

If anyone has any clue about what the last study end date they are using I would like to hear it.  Thanks.

 

 

 Your last statement was funny.  Thank you. That made my day

 The program is designed to confuse people. It seems like they have dedicated the most time developing ways to decline people of any support assistance - or at least confuse them to the point where they throw their hands up in the air and say "ta hell wit it" (putting it mildly).

 

 

Update:

9:18 P.M.

Nothing.  No call from this specialist.

Well, I didn't get any call on the agreed upon time of calling anyway.  From the call I.D., I got a call at 11:51 A.M.  If it's them, it certainly was not the agreed upon time. I said 2-8 PM, then changed it to 3-8 PM because I might not be home by 2 PM.  I got home and waited from 1PM - 8PM, and still waiting.

Maybe they'll call tomorrow.  She did say 1-2 business days.

I don't think there's much hope with this Ontario Debt Reduction, at least not for me anyways. Who can sort through all this stuff they expect you to go through? Hell man, I still have to get a job to pay this sh*t back.  How the helll can I think with all this stress and burden of the loan hanging over my head for more than 5 years.

Anyone who has ever received interest relief will tell you it is not an easy process.  All kind of weird things happen with this nice little program supposedly to help the unfortunate students.  But how many really get this help and of those who do how much effort they had to put in in order to get this help?

I would say the last 3 years of my life was devoted to interest relief applications.  Laugh, but it's true.  It takes like 2-3 months for 1 to go through.  You get prescreened, wait for form, then get your calls about missing informatio, then waiting wondering if it will get approved because if it doesn't you are in default.  God only knows how much time I have devoted to this sh*t.  You can only borrow from your family for so long.  It's not like you could leech off them forever.  Borrowing money from them and not paying interest on it takes a toll on them too.  OMG, I don't even own anything worthwhile.  I don't have a house nor a car nor any savings.  All I have is this stupid debt.

You know, if I don't get the Ontario Debt Reduction, it's okay with me.  But if I qualified and didn't get it then I would be ticked off.  If I qualify but now have to wait 5 years in order to reappy.  But then I won't need it - the loan would be too small to qualify.  And in a worse case scenario in default. 

Then I'll yell out but it's not my fault it's in default. J/K 

I'll wait again tomorrow.

End of rant for the day.    Will be back if I can.  Don't thin I can stand it any longer.  No, I'm not going to jump off the roof.  I just mean I don't know if I can continue to log this sh*t I'm going through anymore.  But sometimes I wonder and believe the govt. want us all to jump.  What the hell were they thinking when they made up these programs to help us when very few of us who need it really get it?  I think only a lawyer can understand all this legal mumble jumble.  I wish I could afford a lawyer but if I have that kind of money then I wouldn't need debt reduction.  It's a no-win situation. 

Celyn...wanted you to know I feel for you and what you are posting is not going unnoticed!!  Keep fighting for it....it's yours to have!!

When you are feeling strong and confident...give them a call...about the reduction...bug, bug, bug until you get the answers you need and want.  Tell them you waited and waited and followed through on your end...

Don't give up....you are worth it!!!