RAP - tax refunds
Printed From: CanadaStudentDebt.ca
Category: Government Program Problems
Forum Name: Repayment Assisstance Plan (RAP) Issues
Forum Description: Rules, regulations and problems (Formerly Interest Relief and Debt Reduction)
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=6280
Printed Date: 26/March/2026 at 10:41pm
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com
Topic: RAP - tax refunds
Posted By: MrBee
Subject: RAP - tax refunds
Date Posted: 20/November/2011 at 7:38am
Hi!
I have two loans - one with the Government of Canada and one with Manitoba. No bank loans to speak of. I'm in the RAP and have been for about ~36mo now so heading toward stage 2 but not there yet.
My question is this: will the government collect my tax refunds while I'm in the RAP? GST refunds?
Any help would be very appreciated.
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Replies:
Posted By: SolveStudentDebt
Date Posted: 20/November/2011 at 11:17am
Income tax or GST liens are anchored only if the loans go into default.
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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
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Posted By: MrBee
Date Posted: 20/November/2011 at 4:12pm
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In other words, I'd need to stop applying for assistance and not cough up the minimum payments? That is a relief. A HUGE relief. As nice as it would be to have a sizable chunk paid off, as long as I'm not currently paying interest on it, it seems much more in my favour to have that money in my pocket to try to propel myself into a better position to pay off those student loans.
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Posted By: SolveStudentDebt
Date Posted: 21/November/2011 at 9:53am
I just answered your question about the income tax and GST seizure query of yours. Review the RAP policy for other details.
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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
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