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Forgiving Student Loans Through Bankruptcy After The Supreme Court Piekut Decision: Our Complete Guide
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Discover how the Supreme Court's Piekut decision is changing the game for Canadians struggling with student loans and bankruptcy. Learn about the seven-year rule, hardship discharge, and repayment assistance plans that can help you manage your debt. If you're considering bankruptcy, understanding these options is crucial.
Key takeaways from the Piekut decision:
The seven-year clock starts after your last period as a student
Going back to school resets the clock
Hardship discharge is available after five years
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For personalized advice, contact Ira Smith or Brandon Smith at Ira Smith Trustee & Receiver Inc.