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I thought this was settled?

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=5968
Printed Date: 26/March/2026 at 10:42pm
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Topic: I thought this was settled?
Posted By: coldtoes
Subject: I thought this was settled?
Date Posted: 08/November/2010 at 5:01am

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?





Replies:
Posted By: marie
Date Posted: 13/December/2010 at 6:01am
Back then there was more then just Csl and provincial loans...they had bank loans as well and sometimes even more places that the loan could come from. I would find out if you paid off your provincial and bank loan with Nordon...Do you know how much you received from OSAP? How many years did you go to school for? Also I would check your credit report, it will tell you where you have outstanding debt within the last few years.



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