Applying for Student Loan Disabilty Relief - Statement of Income and Expenses for PDB

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Statement of Income and Expenses for PDB

Printed From: CanadaStudentDebt.ca
Category: Government Program Problems
Forum Name: Applying for Student Loan Disabilty Relief
Forum Description: help others going through this crazy process!
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=2479
Printed Date: 27/March/2026 at 1:35am
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com

Topic: Statement of Income and Expenses for PDB

Posted By: frizzybee
Subject: Statement of Income and Expenses for PDB
Date Posted: 03/April/2005 at 9:55am

Okay, time for my first post. First of all, let me say thank you to everyone that has posted to this site and to Mark for following up on the idea of creating a web site to bring people out of isolation while providing a storehouse of information that is largely unavailable elsewhere.

Now, on to my question. So, I want to apply for debt forgiveness both federally and provincially. Thanks to Johnny of CFW, I got steered in the right direction to start off with; requested med kits from the appropriate people; and, got my doctor's letters in order. In filling out these income and expenses forms, am I supposed to put in expenses that are greater than my income or just the ones that I am able to pay?

e.g. There is a place to list student loans as part of expenses - though obligated to pay until/unless forgiven, I do not actually pay these because I've been on interest relief (up until last November when my 5 yrs interest relief passed) and don't have the income to meet these obligations.

another e.g. I think that I should list some amount for "Quality of Life" - that this is an expected expense for everybody - yet, I don't have the income to support this expense.

Do I list these things that should be a part of my expenses or just the expenses that I am actually able to sustain with the income I have?

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Replies:

Posted By: kwelmm
Date Posted: 03/April/2005 at 2:32pm

Frizzybee.....Hi

I would list the expenses that you incurr whether you have the income to sustain them or not...this will reflect what kind of expenses you have to face. If you only list the expenses you can afford to keep up with....to me....this would not reflect accurately your situation. (This is my opinion----).