Collection of Old - Stats Barred - Loans - Student Loans from !990's

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Student Loans from !990's

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=6499
Printed Date: 27/March/2026 at 2:17am
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com

Topic: Student Loans from !990's

Posted By: gander19
Subject: Student Loans from !990's
Date Posted: 02/August/2012 at 5:04am

I havent paid on NS and Fed student loans since 1996. Outstanding balance then of about 18,000. I have lived in US since 1996 and wondring if I move back to Canada what am I facing. Have these loans disappeared?

Replies:

Posted By: SolveStudentDebt
Date Posted: 02/August/2012 at 6:45am

If you are indebted to the Nova Scotia government then they will pursue you if they track you down. There are no limitations that bind the government of Nova Scotia from collecting on old debt like this. The government of Canada has a limitation period. However, it is something that you as the borrower must prove in in place. They will not tell you that the debt has been washed out. I can help you with that if need though - if is something you want closure on.

You can also visit us on Facebook for a lot of informstion and general discussions. Here is that link:

https://www.facebook.com/#!/pages/The-CFW-Group-Inc/122160921144125" rel="nofollow - https://www.facebook.com/#!/pages/The-CFW-Group-Inc/122160921144125

Johnny

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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: FishSpoon
Date Posted: 06/August/2012 at 5:31pm

Johnny,

You offer assistance in "Stats Barred" situations? I have a 17 year old Newfoundland loan,which was before the integrated Fed/Provincial system.

It was processed through RBC. They're calling me with empty threats,asset search etc.

If they had any real recourse,wouldn't they have exercised it by now? The loan is less than $8000.

Can you help me assess if it's statutes barred, should I ignore them or call them and simply say I have no knowledge of it. I actually did think I was paying all my loans and questioned their validity at first.

Posted By: SolveStudentDebt
Date Posted: 17/August/2012 at 6:51am

Yes I can. Contact me through the site http://www.cfwgroup.ca" rel="nofollow - www.cfwgroup.ca . Our new site that will become live this month as well.