Cassiah
Oct 8, 2008, 08:46 AM
Hi! Before I ask my question, I'll give a bit of background info on this topic. First of all, I live in BC, Canada, and I received a student loan through both the government of BC and the federal government of Canada in 1997. I was a little more interested in a social life than a school life at that time and I ended up defaulting on the loans. Fast forward 11 years and I just recently received a call about this debt. I am now a stay at home Mom with my husband being the main bread winner. I am more than willing to pay off this debt, but I cannot pay it off in whole like they requested. So my question is this,
"What exactly can they do in order to collect this debt?"
I tried to talk to them about setting up a payment plan, but they didn't want to hear it. They then wanted info on my husband, which I did not give them. Also, does anyone know if the Statute of Limitations applies to student loans? Any info on this matter would be greatly appreciated! :)
Thank you!
"What exactly can they do in order to collect this debt?"
I tried to talk to them about setting up a payment plan, but they didn't want to hear it. They then wanted info on my husband, which I did not give them. Also, does anyone know if the Statute of Limitations applies to student loans? Any info on this matter would be greatly appreciated! :)
Thank you!