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So - this is a bit of an odd one. I graduated in 97, and went to work overseas. A banking error resulted in me being in default (they were not withdrawing from the account that I was depositing in). So it went to collections. I thought I'd settled my CSL accounts about 8 years ago with Nordon. They offered to let me settle my three accounts for $8000, which I borrowed and paid with great financial difficulty. It was a verbal offer, and I don't recall getting a letter from them saying my bill was paid. But I stopped making payments, and hadn't heard from them for quite a while.
Recently, I have started receiving letters and bills from the CCRA (taxman) saying I owe $30,000 in my CSL student loans. In fact, it turns out they have been taking my income tax refunds to pay for it. I paid the $8000 in good faith, and thought I would be done with my student loans. Now they are coming back? I want to write a letter to the CCRA and ask them to review the file, to look at the $8000 settlement, and to close the file. Is that an appropriate response? I see a lot of people here talking about stats barred loans, and I would assume mine is - if I still owe it (which I should not, but I will never get over my distrust of NorDon). So would it make it worse if I contacted the CCRA and explained my position? After all, I would not be saying that I have a loan - I would, in fact, be saying that they have made a mistake with paperwork and my file should be closed. What is the the time limit for a CSL debt to be stats barred? My story is very familiar to readers of these pages - it seems like many of us are in the same boat. I am off work on medical leave, and I am unable to work. I do not see how I could possibly start all over again and start making payments after all these years. I'm sure it is a mistake, but it is the CCRA - they aren't known for admitting mistakes.
Thoughts, help?
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