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Ontario

Student Loans and Bankruptcy!

As post secondary education costs have increased a lot over the last 20 years more and more students are taking out student loans to pay for their education. As the economy is still trying to get back on track it is becoming harder and harder for recent graduates to find a job right out of college/university and they have no way to pay their student loans off. There are three options you can consider that may help your situation.

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What You Need To Know About Bankruptcy

Some basic facts about being in Bankruptcy and some other options in Ontario include, the Bankruptcy and Consumer Proposal rate has increased by 30.4% in 2009 from those numbers in 2008. Some other options include, consumer proposal, debt consolidation loan or debt settlement.

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