Collection of Old - Stats Barred - Loans - CRA & 20 year old student loan!

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CRA & 20 year old student loan!

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=6914
Printed Date: 27/March/2026 at 2:16am
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Topic: CRA & 20 year old student loan!

Posted By: earthlink
Subject: CRA & 20 year old student loan!
Date Posted: 04/July/2014 at 7:48am

I am wondering if anyone has a similar situation to mine:

-I got a student loan in Ontario about 20 years ago but was not able to repay the loan. I tried making negotiations after my studies ended in 1998 however the collection agency I was dealing with wanted the whole amount and would not negotiate with me to do the payments in installments.

-Never been back to school or had any other student loan.

-CRA sent me letters saying I owed $ amount for my student loan but they never took my GST or income tax credits.

-I just got a letter saying they will not be refunding my income tax for last year because of my student loan.

My questions: Can CRA collect your student loan even if it is in default?

Should I call either CRA or the agency in charge of student loans? I ask this because I have read on this forum that calling them is admitting your loan or it doesn't matter anyways.

Thanks.

Earthlink

Replies:

Posted By: SolveStudentDebt
Date Posted: 07/July/2014 at 6:50am

If the federal direct loan is in default then yes they will attempt to recover it. However, if the federal direct loan is statute barred, and it is proven to be so (which the onus always falls on the borrower to prove), then they will not pursue you any further.

A dispute does not stop them from recovering either unless it is court ordered.

Tee big question for a lot of people is exactly what you asked. Should I or should I not contact them? My advice to those who are contacting them in such cases to protect themselves and their privacy by only answering questions that pertain to the student loan, and ones position regarding it.

If you are going to discuss limitation issues with them then this could be quite hazzardous if you are not properly prepared and understanding of how to protect yourself in the event that their agency people attempt to undermine you in any way. Remember, their best interest is to collect money for the Crown and not give you any tool or ability to restrain them from doing so. Same goes for the banks and all other government financial systems.

If you want a limitation analysis and assessment to determine strength of case/probability, and safeguard, we provide that to student loan borrowers who feel they are within the limitation zone. This will certainly prevent looming disaster for you, of course. Cost for this is $150.00 plus tax, and takes anywhere from 40 minutes to an hour.

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Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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