Student Loans – Payment Negotiations

Student Loans

Table of Contents

Student Loans – Payment Negotiations

Student loan repayment is a problem for thousands of former-students in the Toronto area and all across Canada. Fortunately, the Federal and Ontario Provincial governments have set up programs to help.

If you have Canada Student Loans that were issued after August 1, 2000 and/or Ontario Student Loans that were issued after August 1, 2001 – and you meet the required criteria – you may qualify for a Repayment Assistance Plan (RAP) through the National Students Loans Service Center.

If you have Canada Student Loans that were issued before August 1, 2000 and/or Ontario Student Loans that were issued before August 1, 2001 – and meet the criteria – you will need to deal directly with the financial institution(s) that you obtained your loans through. However, you might want to start by checking out the National Students Loans Service Center.

If you have serious financial difficulties, are considering a Consumer Proposal or a Bankruptcy, and it has been seven or more years since you ceased being a student – your Student Loans might be included in the debts you will be discharged from. You will need to speak with your Trustee to make sure you are eligible.

To prepare for your negotiations – here are some useful hints:

  • Make sure you have all your documents ready – including a copy of any applications for assistance you have filled in.
  • Write out a list of all your questions – before your meeting/phone call.
  • Create your own income & expense statement (be realistic and accurate) to clearly show where you are financially.
  • Be prepared to make compromises – you may not get the interest reduced but you might get a longer payment term.
  • Don’t be defensive – they’ve heard it all before – try and let them know you really want to work this out.
  • Don’t make promises you know you can’t keep.

Whatever your situation, take the time to find out what options and programs are available to you.

Take Your First Step Towards A Debt Free Life

If you are overwhelmed by debt, call us at 1-844-962-9200 to book a FREE, confidential appointment. We will review your financial situation in detail and discuss all of your options with you. Alternatively, you can fill out the form below and our team will reach out to you. 

Share This!

I am very pleased with the experience with your company. Great customer service and very professional. They made me feel like dealing with caring and friendly people. Jackie is a sweet lady. All of them very helpful.
Carolina Marroquin
1708815208
I am very excited for the helpful service I receive from David sklar &Associates Inc ! My experience with coronation she is a professional and skill person! We'll done ✔ thank you very much, Gw
garfield wallace
1708730999
Great and friendly staff. They went out of their way to help me with the process. David Sklar and Associates are more then professionals. Christine sylver helped me with every steps, everytime I asked for more help she was always there for me with a smile. Very professional and patient. I want to thank Christine Sylver for everything she did to help me through this process and by giving me a new start.
ray pat
1708550360
I was so nervous to go and then i met trina beautiful compassionate understanding trina how lucky for me what a professional thank you thank you
Penelope Mather
1708303088
It was easy to get everything started and I am happy that I choose you, thank you.
Marina Granado
1707942981
I came in with a lot of anxietyChristine SylverHernee Templonuevogave me the confidence I needed
George Carvalho
1707837852
A great place to find out the best way to remove your debt. I discussed my problem with a with a fantastic lady who's named Grace. This lady showed me a couple of ways to lower my debt and I chose one. Thanks to Grace one day I will be out of debt, but until then my spending without cause has come to an end.To the staff and especially Grace of David Sklar and Associates thank you.Bob Barnesi will be one day out of debt
Robert Barnes
1707781618
A wonderful experience with a very depressing financial situation.Cori is easy to talk to and understand, with what she is describing.
Verble Daniels
1707699079
The staff at David Sklar are absolutely life changing and phenomenal people to work with. They are a well dedicated team whose personal mission is to truly help you turn your life around. Don’t be afraid to call them. Don’t be afraid to be honest to ask for the help you need. Rest assured no matter your debt load they will assist without judgement and deliver with compassion the best way forward to legally seal your debts and give you a real chance again at life. I highly recommend their services. They changed my life. They will gladly help you too. My personal consultant Trina Powell is an incredible, smart, and extremely supportive ally. But know you’re in good hands no matter who they assign to help you. Change your life today and pick up the phone and call them you’ll only be sorry you waited so long.
Kelly Silke
1707344543
This was an is an excellent experience for me because I am now able to retire comfortable in five years an debt free. Life seems to now begin. I should have done this earlier. But I did not have a company to do a consumer proposal with that I trust. Thank you for saving me.
Carilyn HoseinAdams
1707147259
js_loader
DS david skalr icon

Book your free consultation.

Call 1-844-962-9200 or fill out the form below. We’ll do the rest.

Contact Us