An Act to amend the Bankruptcy and Insolvency Act (student loan)

This bill was last introduced in the 37th Parliament, 3rd Session, which ended in May 2004.

This bill was previously introduced in the 37th Parliament, 2nd Session.

Sponsor

Libby Davies  NDP

Introduced as a private member’s bill. (These don’t often become law.)

Status

Not active, as of Dec. 6, 2002
(This bill did not become law.)

Elsewhere

All sorts of information on this bill is available at LEGISinfo, provided by the Library of Parliament. You can also read the full text of the bill.

Bankruptcy and Insolvency Act
Routine Proceedings

December 6th, 2002 / 12:20 p.m.
See context

NDP

Libby Davies Vancouver East, BC

moved for leave to introduce Bill C-329, an act to amend the Bankruptcy and Insolvency Act (student loan).

Mr. Speaker, I would like to thank members of the House for giving their consent so I can present my bill.

I am honoured to present this bill in the House today. Its purpose is to reverse and stop discrimination facing students who are now required to wait ten years before they can declare bankruptcy. The new ten year rule means that unlike other consumers who wait two years to declare bankruptcy, students must face additional hardship and discrimination.

The overwhelming majority of students do everything they can to repay their student loans but when bankruptcy becomes the only option, the bill I am presenting today would ensure that students would get a fair deal and would not be discriminated against.

(Motions deemed adopted, bill read the first time and printed)