Anyone with experience with having to pay off OSAP loans and defaulting ?

Question

Does it really take 10 years after your end of study date to discharge the loans and file bankruptcy ? Or is it seven ? In any event I am almost there. I am working full time etc but it is just not enough money.

Answer 1

It's 10 years.  But if you file for bankruptcy and name OSAP as one of your creditors, you will never ever get OSAP again unless you pay it all off in full

Answer 2

Yes, it is 10 years. However, I would strongly advise you to pay it off if it is at all possible.