Supreme Court rules on student loan bankruptcy waiting period

April 17, 2025, 12:21 pm

The Supreme Court of Canada has provided clarification in a landmark ruling regarding student loan debt. According to the decision, individuals must wait seven years after completing their post-secondary studies before being eligible to discharge student loan debt in bankruptcy. The ruling, arising from a case involving government-issued loans, is expected to have wide-reaching implications for borrowers and may influence future discussions about student financing and bankruptcy law reform.

lapresse.ca / La Cour suprême clarifie une loi qui permet de se libérer des dettes d’études

La Cour suprême du Canada stipule qu’une personne doit attendre sept ans après avoir terminé ses études postsecondaires avant de pouvoir être libérée de ses dettes d’études en vertu de la loi fédérale sur la faillite.

theglobeandmail.com / Supreme Court clarifies treatment of student loan debt under federal bankruptcy law

The top court says a person must wait seven years after finishing their postsecondary studies before they may be released from student loan debt

torontosun.com / Supreme Court of Canada clarifies treatment of student loan debt under bankruptcy law

OTTAWA — The Supreme Court of Canada says a person must wait seven years after completely finishing their post-secondary studies before they may be released from student loan debt under the federal bankruptcy law. The top court’s decision comes today in the case of a woman who received...

citynews.ca / Supreme Court of Canada clarifies treatment of student loan debt under bankruptcy law

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Supreme Court rules on student loan bankruptcy waiting period

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