rehabilitation question
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URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=6639
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Topic: rehabilitation question
Posted By: SlashNRoses
Subject: rehabilitation question
Date Posted: 04/March/2013 at 10:41am
Hello I have spoke with CRA and made arrangements on a monthly payment I can afford, I was told to pay the interest owing, two consecutive payments or a lump sum and per diem interest..I spoke with canada student loans and they also confirmed this to be true, Im just wondering how fast is this process?? AFter I make my payment i am told to call into CRA to see if they received and once they do they will send the request to canada student loan to start the rehabilitation , just wondering how long this process takes after my payment is made , anyone have an idea or been through the same thing? Basically i want my lien removed so I can file some old taxes and get my returns and my GST, any help would be appreciated or feedback, thanks.
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Replies:
Posted By: kenny
Date Posted: 05/March/2013 at 6:48pm
From my experience with the federal part of my loan being in default...
Once they receive the interest + 2 months payment, it's about 1-2 weeks before the account gets transferred back to the NSLSC. Written documentation confirming that the account had been rehabilitated/transferred arrives shortly after. I assume that any liens have been removed.
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