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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JaxxDebt View Drop Down
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    Posted: 30/August/2013 at 5:42am
I have three student loans, one of which was being collected by Revenue Services of B.C. My last payment on this loan was on April 20th, 2007. Therefore, by April of 2013 it would have been statute barred. I do not think (although I am not 100% certain) that I acknowledged this debt to Revenue Services B.C. in any way during this time by sending a signed letter promising to pay. Last week I received a letter from A.R.C. Accounts Recovery Corporation stating that "the balance owing on your account has been forwarded to our office from Revenue Services B.C. To discuss and pay your account please call A.R.C. If we can be of any assistance, please contact us." 

I have been receiving statements from Revenue Services each month about my student loan - like clockwork - since April 2007. Why would this debt now be turned over to A.R.C.? Does this indicate anything? Is it because it is now statute barred and Revenue Services B.C. cannot legally attempt to collect it? In B.C. it is illegal to try to collect on a statute barred loan. A.R.C. did not state if they had bought this debt or not. 

In addition, I believe that currently I am "judgement proof." I have zero assets and I am on Social Assistance. Revenue B.C., I am sure, knows this as they would have obtained this information from the B.C. Government. If A.R.C. decided to sue me would a judge in B.C. award them a judgement against me, considering that I am stone broke, have no job, and am collecting Social Assistance? 


I also have a question regarding the student loan data lost last year by the Federal Government. I received loans from the years 2000 to 2002. I still get a statement (I am in default since October 25, 2005) each month from Human Resources Skills and Development Canada regarding this loan. This statement does not come from come from Ottawa, it is sent from HRSD Canada in Surrey, B.C. Does Ottawa still have my records and loan documents, or would these have been stolen? How can the Federal Government sent letters to people affected by this theft if all the student's names and addresses are gone? 


I would also like to mention (just to indicate how good Ottawa keeps records) that in 2004 (I graduated in 2002) I applied for another student loan. It was held up at first because Ottawa was not sure if I had already received the maximum amount of student loans allowed. They did not have records of the student loan documents that I had signed. Thus, they did not know the dollar amount that I borrowed. I had to go to the bank to obtain documentation and to search my own records and submit this information and prove that I was still under the limit. I had applied in September of 2004 - but finally received my loan on December 24, 2004.  That is why I am wondering about the student loan documentation they have on me now.

Any answers would be appreciated 

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Jaxx
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 30/August/2013 at 8:28am
Originally posted by JaxxDebt JaxxDebt wrote:

I have three student loans, one of which was being collected by Revenue Services of B.C. My last payment on this loan was on April 20th, 2007. Therefore, by April of 2013 it would have been statute barred.
 
You can't just assume that and expect that it is the case.  You are not aware of the things that govenrments do to prevent it from happening, procedurally and by ways that are let's say more deliberate.
 
Originally posted by JaxxDebt JaxxDebt wrote:

I do not think (although I am not 100% certain) that I acknowledged this debt to Revenue Services B.C. in any way during this time by sending a signed letter promising to pay.
 
Any written instrument can be used as an acknowledgment, especially if it is worded improperly
 
 
Originally posted by JaxxDebt JaxxDebt wrote:

Last week I received a letter from A.R.C. Accounts Recovery Corporation stating that "the balance owing on your account has been forwarded to our office from Revenue Services B.C. To discuss and pay your account please call A.R.C. If we can be of any assistance, please contact us."
 
It appears that BC Revenue Service, at the behest of the BC Ministry, is farming out accounts to collection agencies. It is odd because BC Revenue Services is a private company that handles BC student loans, and is a collection agency. It is really odd how some provincial governments are in bed so snug with the private collection industry, including Davis and Henderson Income Fund (otherwise known as the NSLSC).
 
ARC did not buy the account. It is owned by the BC government and they approve the assignments of these accounts to ARC (via BC Revenue Services).
Originally posted by JaxxDebt JaxxDebt wrote:

In addition, I believe that currently I am "judgement proof." I have zero assets and I am on Social Assistance.
 
No one is judgment proof, unless deceased or institutionalized. THe system sues unemployed broke people all the time.  The avenue of execution may not be there but obtaining a judgment protects the government's (and private financial communiy's) best interest. One day you may have an income to attach, or an asset to sieze. This is how their minds work.
 
Originally posted by JaxxDebt JaxxDebt wrote:

I also have a question regarding the student loan data lost last year by the Federal Government. I received loans from the years 2000 to 2002. I still get a statement (I am in default since October 25, 2005) each month from Human Resources Skills and Development Canada regarding this loan. This statement does not come from come from Ottawa, it is sent from HRSD Canada in Surrey, B.C. Does Ottawa still have my records and loan documents ...
 
There are offices of the Non-Tax collection division in Surrey, Ottawa, and Quebec. If you reside in BC and that is where the loans originated then Surrey office is the collection group that has carriage of your file. Ottawa hasthe same file though. You just have to communicate through their Surrey office.
 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote JaxxDebt Quote  Post ReplyReply Direct Link To This Post Posted: 27/September/2013 at 2:28pm
I received a disclosure of my personal credit file from Equifax today. The only loan on the report is my B.C. Government Student Loan that Revenue Services B.C. is trying to collect - even though ARC has sent me a letter in August 2013. My last payment to the B.C. government was on April 20, 2007, yet the report shows that my account did not go delinquent until June 11, 2009. It also states that from December 1, 2009, to September 3, 2013 there were "46 reportings for the instalment account with a monthly payment frequency and was reported delinquent 46 times." 

It seems every four months Revenue Services is doing this. What does all this mean? I thought the loan would be reported delinquent once by the B.C. Government before it went to a collection agency.  

What is happening here? 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 29/September/2013 at 7:33am
I responded to you in a nother post in a different category here.
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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