No second chances?!
Printed From: CanadaStudentDebt.ca
Category: Other Topics
Forum Name: Describe your Debt Load!
Forum Description: Post stories of your debt and how it affects you and your family
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=2871
Printed Date: 27/March/2026 at 2:17am
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Topic: No second chances?!
Posted By: overmyhead
Subject: No second chances?!
Date Posted: 03/August/2005 at 2:37pm
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I love this site... misery loves company!! I attended school 1994- 1997. I had one child while attended school and had another in the summer of 97. The birth of my second child was the reason I did not continue with my education. Because of an oversight at the school I was attending the module I missed (and had made plans to make up) was a prerequisite for the next module. I couldn't take the next module and that meant that I ended up pushing my graduation date back by three months. Student loans wouldn't grant me funding for the rest of the course. I didn't have the money and dropped out. So now I owe 25,000 in student loans, no degree and just turned 30. I have stayed home with the kids and my husband is a long haul truck driver. We never really managed to make ends meet and when my hubby was in an accident we lost everything in the bankruptcy. A woman called me yesterday from some collection agency. I was clear on which one... everytime I asked a question she'd just say "Weren't you listening" or "We already covered that" She's talking about federal liens and tagging my SIN. I asked what my options were at this point and again I got the "weren't you listening" response. I have never been berated like that before. I know that I haven't handled my debt in the best way. But I never had any way of paying it. She told me I should be ashamed of myself and that I need to grow and be responsible. And that I need to set the example for my children!! I'm scared and unsure of what to do now. I tentatively planned to return to school now that all my kids are in shcool so childcare isn't an issue. But now I don't know what to do. PLEASE if anyone can give me some advice I will be in your debt forever!! ------------- "All who wander are not lost..." |
Replies:
Posted By: momk
Date Posted: 08/August/2005 at 4:22am
hi don't let these people scare you. If you can afford to put some
money on our account do it and if you can't don't worry about it. The
first thing you do is to make sure you look after your self and your
family and went that is all set and done send them a payment even if it
is only 10 a month for they can't not refuse any kind of payment. They
will try every trick in the book to scare you so that you will start to
send them higher payments but don't let it, stick to your guns and tell
them that is all you can send and if you can't send any tell them that
to. I have a student loan that i can't pay and when they call i just
tell them when i have more money coming in they will get some and until
then i can't help them. keep reading post on this site for there is
alot of usfull information.keep smiling and have a good day
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Posted By: overmyhead
Date Posted: 12/August/2005 at 4:29am
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thanks for the encouragement and the good advice.
------------- "All who wander are not lost..." |
Posted By: SolveStudentDebt
Date Posted: 13/August/2005 at 5:40am
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If you are going to follow that advice, make sure that there is absolutely no avenues of execution against you. For instance, if it is a guaranteed CSL, make surwe that you substantiate your inability to pay on demand, and your financial hardship - if any. as long as you are the one showing the intent to maintain uniformity with the debt, there would be absolutely no avenues of execution by using any legal system. Johnny http://www.cfwgroup.ca - www.cfwgroup.ca http://www.cfwgroup.ca/forum - www.cfwgroup.ca/forum
------------- Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting. http://www.solvestudentdebt.com" rel="nofollow - solvestudentdebt.com |