Collection of Old - Stats Barred - Loans - Looking for info from a 02 loan

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Looking for info from a 02 loan

Printed From: CanadaStudentDebt.ca
Category: Immediate Attention and Info!
Forum Name: Collection of Old - Stats Barred - Loans
Forum Description: Post questions about old loans and Statute of Limitations Issues
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=5736
Printed Date: 27/March/2026 at 12:33am
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Topic: Looking for info from a 02 loan

Posted By: Goliath2k
Subject: Looking for info from a 02 loan
Date Posted: 31/March/2010 at 7:33pm

Hi all.

I've been looking around trying to find info on defaulted loans and such ans haven't had much luck.

I had 2 loans from 2000-02. I graduated in 02. After so, my payments were way to much and I was not able to find work in my field of study and I was only making min. wage at the time and unable to pay like a lot of people.

Since then. The good ol CDN government takes my tax returns because of this.. Not sure about this year.. yet.. but no doubt...

I used to get letters from the government showing what I owed and the min. payment with a payment stub attached.

I was over paid on EI the other year as they screwed up and that was also on this statement with the loan. My last 2-3 statements have not had my Loan on there just the overpayment.

Is it possible that it has been cleared under some of these new laws and stuff that I have seen floating around? Or possibly the government just getting my hopes up that this monkey on my back is taking a break.

Thanks for any help.

Replies:

Posted By: SolveStudentDebt
Date Posted: 01/April/2010 at 4:13am

There are only three ways to get a lien lifted:

1) Having the ability dfeomstrate hardship with extenuating circumstances

2) Limitation issues are in place

3) Pay it out

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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

Posted By: Goliath2k
Date Posted: 01/April/2010 at 12:30pm

what I was wondering, where I haven't got any kind of statement about the loan in months if it is now "gone" since it has been over 10 years and such. Guess i'll find out in a few weeks with my taxes filed

Posted By: AlexBebe
Date Posted: 09/April/2010 at 12:51pm

If the limitations have been met (reason #2 to lift a lien), does the loan holder have to bring this to someone's attention? The CRA is still taking my tax refunds and my loan has been dorment since '98. I made all of my payments for the first 2 years of my loan (96-97).

They've been taking my income tax for the past 3 years (as the only income provider with 3 dependents my refunds are around $3000 a year). According to my "statement of account" on the CRA "my account" section, the refunds are being applied to my Ontario Student Loan. I had a small CSL too - which is equally as old. Should I expect that they start applying my refunds to that next?