Interest on student loans question
Printed From: CanadaStudentDebt.ca
Category: Immediate Attention and Info!
Forum Name: Archived Urgent Help Needed Posts
Forum Description: Read through the files for info..
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=6671
Printed Date: 27/March/2026 at 3:59am
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com
Topic: Interest on student loans question
Posted By: tkarmy
Subject: Interest on student loans question
Date Posted: 19/May/2013 at 8:48am
My loan is with CRA but I've been paying them faithful for years. I was just about to file my income taxes and claim the interest I've paid over the last three years when I noticed this on their site
"In addition, you cannot claim interest you paid because of a judgment obtained after you failed to repay a student loan."
Does being with CRA count as a "judgement" or can I still claim interest on the loans?
Thanks for your help
|
Replies:
Posted By: Madmorrigan
Date Posted: 22/May/2013 at 2:07am
|
The term "judgment" means a legal judgment--not just being in collections. Did the CRA obtain an actual legal judgment against you?
|
Posted By: tkarmy
Date Posted: 22/May/2013 at 9:41am
|
no there was no actual 'judgement' - they are just collecting on it.
|
Posted By: Madmorrigan
Date Posted: 23/May/2013 at 1:12am
|
Then you can go ahead and claim it. :)
|
Posted By: SolveStudentDebt
Date Posted: 23/May/2013 at 4:25pm
If ther eis a judgment you can claimn any interest paid prior to the judgment. FYI.
-------------
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: aaska01
Date Posted: 17/June/2013 at 2:33am
Hello,
what if your loan went into default and is with a collection agency (CBV) Can you claim the interest paid on your loans?
|
Posted By: SolveStudentDebt
Date Posted: 17/June/2013 at 2:16pm
You can claim interest paid on your student loans as stated above.
-------------
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
|
|