18 months default and counting

Facts:

1) I owe less than 4000 principle on one loan. I owe less than 9000 on another. These amounts are lose to the actual amount but not exact amounts.

2) I have not made a payment in over 18 months.

3) I have been given settlement offers of 90% of the principle on both of these loans. The collection agency (metropolitan) has told me they can not offer less than 90% because they are government loans.

4) The collection agency has told me that the CRA has put a lien against future income tax refunds and that my SIN has been marked to not allow me to apply for future Student loans.

5) I have not earned a penny in Canada in the past few years. The CRA has been sending me letters to file income tax for the past couple of years. Of course I have no income tax to file but it makes sense they are sending this now as they put a lien on me.


Questions...

1) Will I ever get an offer to settle less than 90%?

2) Can they freeze my Canadian bank accounts? If they can freeze them can they take over the accounts and force me to sell stock and take the money? Or can they only freeze the account?

3) Can they access a LIRA and take the money in that account?

4) Can they do anything to my non Canadian bank accounts? (are there specific countries that they can access non Canadian accounts?

5) Should I sell all my stock, do a cash withdrawal and bring the money over seas to my other bank accounts? (If yes, how long do I have to do this...is there a certain month of defaults that they freeze accounts)

6) The collection agency sent me a form to fill out to explain my financial situation.. they says this will prove financial hardship and make them halt my case for 3 months..I don't believe them it probably has something to do with building a case for court which will allow them to freeze accounts...which is why Im debating moving all my assets.

7) I never plan to earn another penny in Canada again, is there really anything they can do to me other than harass family members with phone calls?

8) Any other information you can give me or advice to continue my deadbeat way of not paying them. Yes I have the money to pay them but I have already paid off the loans 200% and basically just decided to say F it..the banks all got bail outs, and Ive more than paid my share...

Thank you for any advice you can give me.

The only bank accounts that can be tapped into are the ones you have student loans from prior to 2000. So if you received loans from the royal bank they can freeze your account. If you no longer bank with that insititution.

What counts as acknowledging a debt? Does talking to them on the phone count? Or do I have to make a payment to count as acknoledgement? If I did talk to them on the phone (which I did-1st time in 12 months), can I pretend that wasn't me?

I do have a loan from prior to 2000, but it was with CIBC. I do my Canadian banking with TD. Are my bank accounts safe from being frozen?

I am only in Canada a couple times a year to visit. I do not reside here anymore and have not for multiple years now.

Here is shot in the dark question, not sure if anyone will have an answer on this site. LETS SAY I make a huge mistake and get married , and let say that person were of a different nationality, would this pose problems with getting a passport from their country or them getting one from Canada?

Thanks, I am currently in negotiations with a creditor. Two interesting things came up.

1. She attempted to tell me there was a co-signer. I am very sure there is not, I then called the original lender to request the original copy of the loan and told them about the situation. The person on the other end said as far as he knew student loans had no co-signer and this is an illegal tactic and they will research what just happened and get back to me to officially tell me if there is a co-signer or not (since he said Student loans aren't his department and he wanted to make sure before giving me an official answer).

2. The credit agent started to do something funny and say my birthday out loud and talk about the year ,and suggest I am trying to do something funny but she wouldn't elaborate, I attempted to play stupid (which I kind of was to this point) but she wouldn't budge. She is worried about something that has to do with my birthday and the age of the loan or last payment. Any idea what this would be?

3. I have no income, no assets, essentially they can not collect anything off of me, what do you think is the lowest % I can pay as I did negotiate a bit. I offered about 10%, they wanted 50% up front plus payments or somewhere closer to 80% one time settlement. I have heard of people settling for 10%, I have also heard on student loans its near impossible to get below 80%. I feel I have a very strong negotiation position with them as realistically the only thing they have that I want is for them to stop calling my parents. (assuming theres no co-signer)

Update:

The agency called me today and offered me a settlement of 50% of the principle. They say they require me to send in pay stubs(don't have any), bank statements for the past few months (no problem), and a hardship letter.

They said they require the statements, stubs and letters in order to convince the owner of the debt to settle. They said it is just a formality and that the bank will accept the 50% settlement.

1) Is there any danger in sending these documents in?

2) Is there a chance I can get a lower settlement? They did agree to 50% pretty quickly and are trying to press this through quickly- by the end of the week.

3) They are trying to get me to max out a credit card to make the payment. I will be selling stock instead, is there a chance that they will see the money came from another bank account and they will reneg on the offer?

If you have to by submit criteria for approval then it means it is not approved. The student loan provider has to make the final decision.  Also, by submitting this criteria, or anything that is cuasation for an admission of liability then the limitation clock is reset thus giving the agency and loan provider the ability to pursue you legally once again.