I have read that seven years after school
I can include my student loans in a bankruptcy. Does this mean seven years after I received
the loan, or seven years after I finish school? Student loans are covered if you file for
bankruptcy more than seven years after the last day of the last term for which you received
student loans. If the timing is close, call Canada Student Loans and find out which
day they consider your last day. If you need to file within the seven year
period, you are still protected from collection action. However, interest does still accrue,
so talk to your Trustee about possibly making payments during the bankruptcy.