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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Smartsanddebt View Drop Down
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    Posted: 21/February/2013 at 8:38am
I have defaulted on my student loan and it went to the CRA this fall. There is now a lien on my income tax. I made very little last year and this return will make or break me. I have been reading up and heard talk of a financial questionnaire that could lead to a partial return. At this point I would be happy with anything.
When I contacted CRA, I was told to file my taxes and then I can apply. My quesion is do I file and hope for the best? Or do I get this resolved first? To clarify, will filing make me lose all chances of getting something back?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 21/February/2013 at 1:18pm
The reason they tell you to file is so that they can grab it and then make it even more difficult for you to get all or some of it back. LOL If you are in hardship and can demonstrate that, and that you require this return to pay urgent necessity expenses, and that by them taking it it will cause worse financial crises, then you have a shot.
You and anything you provide will be scrutinized heavily.  If you can;t get past it - get help. THe CFW Group can help you but this is a service and there is a fee.
 
Good luck!
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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Smartsanddebt View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Smartsanddebt Quote  Post ReplyReply Direct Link To This Post Posted: 21/February/2013 at 1:22pm
I understand that a fee would be involved. I am prepared to pay if I can get help. What is the next step?
J.B.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 21/February/2013 at 5:09pm
Well the good news it isn't expensive. It's $99.00 for this, and can be done by telephone and email. Will take about 30-40 minutes.
 
If you want to schedule in contact Heather at 902-861-1210. If you get voice mail just leave a detailed message and your contact information so she or one of us can get back to you.
 
 
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Smartsanddebt Quote  Post ReplyReply Direct Link To This Post Posted: 21/February/2013 at 5:43pm
Thank you.
J.B.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Smartsanddebt Quote  Post ReplyReply Direct Link To This Post Posted: 25/February/2013 at 1:19pm
Is there a time frame where I am suppose to hear back? I have both called and emailed and am still waiting on a reply.
Should I call again or is it just the time of year?
Thank you,
J.B.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 27/February/2013 at 3:50am
I did not receive your message or email. Call 902-861-1210 and if you get voicemail, leave a message with your contact #. It is busy around here yes, but there are others you can speak with besides me.
 
Try 866-239-7889 and leave a message as well.
 
Johnny
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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