Comments on: New Student Loans Bankruptcy Rules Unexpectedly Passed by Parliament http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm The online resource for Canadian Student Loan Bankruptcy Legislation. Tue, 12 Feb 2008 04:56:00 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: J. Douglas Hoyes, CA, Trustee http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm/comment-page-1#comment-78 J. Douglas Hoyes, CA, Trustee Sun, 03 Feb 2008 15:05:00 +0000 http://www.student-loan-bankruptcy.ca/?p=34#comment-78 Lots of questions; here are some answers:<br/><br/>First, there are two different bills; Bill C-55 which was passed in November 2005, which contained the new "7 year rule", and Bill C-12, which was given Royal Assent on December 14, 2007, and didn't change anything regarding student loans. As of February 1, 2008, neither Bill has come into force, presumably because the government needs time to prepare for the changes. Read my post on November 26, 2007 for more details.<br/><br/>If you already went bankrupt and your student loans were not discharged, you can go to court once ten years is up and ask the judge to discharge your student loans. To do this, contact your trustee, or a lawyer. Lots of questions; here are some answers:

First, there are two different bills; Bill C-55 which was passed in November 2005, which contained the new “7 year rule”, and Bill C-12, which was given Royal Assent on December 14, 2007, and didn’t change anything regarding student loans. As of February 1, 2008, neither Bill has come into force, presumably because the government needs time to prepare for the changes. Read my post on November 26, 2007 for more details.

If you already went bankrupt and your student loans were not discharged, you can go to court once ten years is up and ask the judge to discharge your student loans. To do this, contact your trustee, or a lawyer.

]]> By: Anonymous http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm/comment-page-1#comment-73 Anonymous Sun, 06 Jan 2008 02:14:00 +0000 http://www.student-loan-bankruptcy.ca/?p=34#comment-73 I have read c-12 as passed and student loans are not mentioned even once? It appears that there is no amendment to the section of the act that deals with student loans. I have read c-12 as passed and student loans are not mentioned even once? It appears that there is no amendment to the section of the act that deals with student loans.

]]> By: Anonymous http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm/comment-page-1#comment-72 Anonymous Thu, 03 Jan 2008 18:03:00 +0000 http://www.student-loan-bankruptcy.ca/?p=34#comment-72 I went bankrupt 3 years ago and my 10 year mark for student loans is this year. Does this mean that I could apply to have my student loan discharged in my bankruptcy? If so, who would do this? I went bankrupt 3 years ago and my 10 year mark for student loans is this year. Does this mean that I could apply to have my student loan discharged in my bankruptcy? If so, who would do this?

]]> By: Raylene http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm/comment-page-1#comment-71 Raylene Thu, 03 Jan 2008 04:30:00 +0000 http://www.student-loan-bankruptcy.ca/?p=34#comment-71 Looking for some help here. I spent a few hours this evening trying to read where the change was made to Subsection 178. The only thing I found was in relation to 178(e) and not 178(g) or 178(h)which speaks specifically of student loans.<br/>I have been trying to find discussions on amendments or even a copy of the bill as was read without any success. Any help you can provide would be appreciated. I am under 10 years but over 7. This could be my happy new year wish! :) Looking for some help here. I spent a few hours this evening trying to read where the change was made to Subsection 178. The only thing I found was in relation to 178(e) and not 178(g) or 178(h)which speaks specifically of student loans.
I have been trying to find discussions on amendments or even a copy of the bill as was read without any success. Any help you can provide would be appreciated. I am under 10 years but over 7. This could be my happy new year wish! :)

]]> By: J. Douglas Hoyes, CA, Trustee http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm/comment-page-1#comment-69 J. Douglas Hoyes, CA, Trustee Sat, 22 Dec 2007 16:44:00 +0000 http://www.student-loan-bankruptcy.ca/?p=34#comment-69 You may need to consult another trustee; you can find a list of trustees across Canada here: http://www.bankruptcy-canada.ca/emailUs.htm <br/><br/>As for the sources of this information, please review our previous blog entries; I get the information from various government web sites, and from discussions I have personally with government officials.<br/><br/>For example, information on Bill C-12 can be found on Parliament's website here: http://www.parl.gc.ca/LEGISINFO/index.asp?Language=E&Chamber=N&StartList=A&EndList=Z&Session=15&Type=0&Scope=I&query=5298&List=stat You may need to consult another trustee; you can find a list of trustees across Canada here: http://www.bankruptcy-canada.ca/emailUs.htm

As for the sources of this information, please review our previous blog entries; I get the information from various government web sites, and from discussions I have personally with government officials.

For example, information on Bill C-12 can be found on Parliament’s website here: http://www.parl.gc.ca/LEGISINFO/index.asp?Language=E&Chamber=N&StartList=A&EndList=Z&Session=15&Type=0&Scope=I&query=5298&List=stat

]]> By: Anonymous http://www.student-loan-bankruptcy.ca/2007/12/new-student-loans-bankruptcy-rules-unexpectedly-passed-by-parliament.htm/comment-page-1#comment-68 Anonymous Fri, 21 Dec 2007 16:24:00 +0000 http://www.student-loan-bankruptcy.ca/?p=34#comment-68 Please tell me where you got this information, I have talked to someone who is a trustee and has been looking into this for me and she could not find anything regarding new legislation. Please tell me where you got this information, I have talked to someone who is a trustee and has been looking into this for me and she could not find anything regarding new legislation.

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