Collection of Old - Stats Barred - Loans - Old Student Loan/Tax Return

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Old Student Loan/Tax Return

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=6628
Printed Date: 27/March/2026 at 12:23am
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com

Topic: Old Student Loan/Tax Return

Posted By: ascott0n
Subject: Old Student Loan/Tax Return
Date Posted: 25/February/2013 at 10:32am

This part says there is a statute of limitations of 6 years:

19.1 (1) Subject to this section and section 19.2, no action or proceedings shall be taken to recover money owing under a guaranteed student loan more than six years after the day on which the money becomes due and payable.

But then it says this:

(2) Money owing under a guaranteed student loan may be recovered at any time by way of deduction from or set-off against any sum of money that may be due or payable by Her Majesty in right of Canada to the borrower or the estate or succession of the borrower.

I *think* it sounds like there is a 6 year limit on collecting the loan from the last payment date or when it became payable, but that there is NO limitation on how long the government can continue to redirect any tax refunds, etc, to that debt.

Does anyone know for sure?