Student Loans and Bankruptcy - Canada
Bankruptcy Canada Questions & Answers
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Anonymous |
Date: |
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Sept 9, 2008 |
Question: |
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I have not made a payment on a student loan debt in over six years, but before the six year period ended, I had made an overpayment on my outstanding taxes, and the money was diverted towards that specific student loan debt. Does this automatically restart the limitation period, or does it not, as I never intended for that money to go towards the student loan debt? Does the indirect payment constitute an acknowledgement of the student loan debt?
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From: |
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Karen
Alger & Associates Inc. - Alberta Bankruptcy Trustee |
Date: |
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Sept 12, 2008 |
Answer: |
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We are not experts in the area of Statute of Limitations law, you should contact a lawyer in the field as the law is quite detailed in that area.
Karen Rideout
phone: (403) 296-2973
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This site provides free information about personal bankruptcy in Canada and personal bankruptcy alternatives in Canada, including answers to common personal bankruptcy questions.
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