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Your student loan debt is significant and collection agents are calling constantly.

 
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Does this sound like you?
Steve O’Reilly has over $6,000 in student loan debt and is now receiving calls daily from collection agencies. They are threatening to garnish his wages but he has a family to provide for, what should he do?

What can you do?
If your lender is willing, you may want to try a repayment schedule. This option allows you to pay back the loan in smaller denominations ($50 dollars per month for example). If your lenders do not agree to a repayment schedule you may need to consider a consumer proposal or bankruptcy. Bankruptcy is one of the quickest ways to have your debts discharged, but it should only be attempted if all other alternatives have been reviewed. For more information on the available options, click here.

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