Note: The “hardship provision” will be available to those people whose date of bankruptcy was prior to the coming into force of this provision.
Does going back to school restart the 7 year clock?
The Court has interpreted the meaning of “ceased to be a full or part time student” in section 178(1) (g) to not include periods of time when the bankrupt was a student but received no student loans. (Re: Ledoux, 2005 SKQB 75, 8 C.B.R. (5th) 225).
However, in January, 2015 In the case of Re: Mallory, the court ruled that the 7 year clock restarts at the end of any period of schooling regardless of whether new loans were obtained.
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