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angeldawn_ 
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Joined: 02/April/2004
Location: Canada
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 Topic: IR and family income
Posted: 09/February/2005 at 6:04pm |
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Hey, I was wondering about applying for interest relief. I have just recently gotten married and am currenly completing an unpaid internship. My husband and I are living in seperate provinces. When applying for interest relief the other day they requested his financail information. My question to the lady on the phone is why is this information required? Is he required to pay my student loan? I am currently not recieving any income. We took out a bank loan for me to finish my education. She says his income will not decide if I can get interest relief or not? She says they will not approve me for interest relief without his information. (My husband will not surrender his bank statements to student loans) IS he really expected to pay off my loans that I recieved before we met? If I die is he still expected to pay them, i was under the impression if something happened to me no one else is responsible for my loans, they have only my signature on them? What is my best option here besides sending a letter to someone who won't read it?
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momof2
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Joined: 15/August/2004
Location: Canada
Points: 792
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Posted: 10/February/2005 at 3:40am |
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unfortunately they DO consider the total family income when deciding if you qualify for IR, a policy that i still dont understand since HE IS NOT LEGALLY RESPONSIBLE FOR YOUR LOANS. upon your untimely demise your loans vanish...i'm in a similar situation, my hubby works, i can't , we have two kids, my loans are from before we were married and yet they still want to know his income. give them the info, depending what he makes you will qualify or you won't. depending what province you are in there are tables to determine what income level gets you IR. submit the info with a letter of protest stating hubby feels this violates his privacy etc, his earings are irrelevant as the debt is yours but as a good faith gesture he will cooperate at this time - see if it gets you anywhere.
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professionals built the titanic but amateurs built the ark...
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momof2
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Joined: 15/August/2004
Location: Canada
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Posted: 10/February/2005 at 3:41am |
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another thing to consider is to black out all personal info on his proof on income - employer name, employee number, that kind of thing. leave the pay dates visible, though.
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professionals built the titanic but amateurs built the ark...
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Hunter2
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Joined: 23/October/2003
Location: Canada
Points: 197
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Posted: 10/February/2005 at 5:31am |
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I ran into this as well.
My husband refused to supply IR with any information..at all. I was told by the Saskatchewan Student loan centre to lie..no joke..the lady outright on the phone told me to say we were seperated and put down my income as zero....she said "it happens ALL the time and this is the way we deal with it".
My IR however is approved or not through the Royal..when I called them I got a totally different story. Not only do they REQUIRE the paystubs he has to actually sign one of the IR forms and put his SIN on it(methinks its federal).
I like Momof2's idea but I know the RB would send it all back. Eventually hubby caved and signed it..hope to god he never lives to regret it. It seems so ludicrous to me, its not his debt, never will be, and we make under the specified amount anyway. I think its unfair and when collections gets on my case they most certainly will NOT be recieving his information.
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momof2
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Posted: 10/February/2005 at 7:16am |
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come to think of it hunter2, my hubby did have to sign adn put his SIN on my CSL forms from scotiabank. the CA will get nada info on him, if and when they start banging on my door. and even if he signs those IR apps, in no way can they come after him for anything.
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professionals built the titanic but amateurs built the ark...
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angeldawn_
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Joined: 02/April/2004
Location: Canada
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Posted: 14/February/2005 at 8:18am |
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If he signs the form, is this an acknowledgement of my debt? There is no way for him to sign it we live in seperate provinces, maybe i'll try the seperation thing, we are not actually living together. I guess my point is, i'm not working, if they refuse me interest relief, then the only one working is paying my student loans, which is not me but my husband, therefore he is responsible for my loans? am i missing something? This doesn't seem right.
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Blue.
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Joined: 17/May/2004
Location: Canada
Points: 168
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Posted: 14/February/2005 at 9:00am |
He will NEVER be responsible for paying your loans. However. Consider this case. You report an income of $20K. He reports an income of $80K. Now, this is how *I* see it, but you can't tell me that the gov't doesn't take into account that between the two of you, you're earning $100K a year, and you can pay the loan. Maybe YOU personally cannot, but I betcha the way they look at it is that HE can pay all the bills and living expenses as your husband, and YOU can dedicate your $20K to your loan.
Hell, I was earning $25K a year, my husband just about $30K, and I didn't qualify for interest relief. Yah, ok.
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What you are obsessing about is a debt. It's a loan. It's business. It's money. It contains no moral baggage. You are a decent, kind, loving and moral human being.
--Islander
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IR and family income