Student loans are similar to all unsecured debts: they can be eliminated in a consumer proposal. However, there are special rules that apply to government guaranteed student loans. Specifically, section 178 (1)(g) of the Bankruptcy & Insolvency Act states that the following debts are not automatically discharged in a bankruptcy or consumer proposal: any debt […]
The post Do Laws Make Student Loans Difficult to Deal with in a Consumer Proposal? appeared first on Hoyes Michalos.
