by jmarks020 » Thu Dec 01, 2011 10:50:32 AM
Sorry for the vague details, I'll try to sort this all out.
1) I attended several semesters at the university, all of which were paid for myself (work and bank loan, no OSAP). In my last semester, I left midway, but I still owe tuition for it. So the answer to your first question is no, I did not pay for my last semester.
2) The student account that I am referring to is my online student account, which supplies information about grades, classes and dues owed. This is where I realized that the university had written off my balance (likely when they passed it over to the collection agency).
From this, I gather that I now owe that debt to the collection agency, as they have purchased it from the university. What I'm wondering is how to proceed. I am currently paying off my student loans that I took from the bank and really can't afford another nine grand over my head at this time.
As I mentioned, my last payment at the university was in January of 2006, which, if I understand correctly (and I may not), means if this debt is not collected by January 2012, it is noncollectable. Am I right in assuming this? My credit has already been hurt by this debt, and I wonder what the best way to proceed is.
In case you are still a little hazy, here is a step by step account:
2002-2005: I attend university in Ontario. I work and take out a bank loan. I pay for every semester I attend.
2006: My last payment is made to the university for the previous semester (2005) I attend half a semester, leave school and do not pay my tuition for my last semester (2006).
2006-2011: I go to another school (paid in full) and forget completely about the debt I owe my previous school.
November 2011: I begin receiving calls from D&A which I don't answer. I then receive a letter stating I owe them $9,000 from my past debt.
Hopefully that clears everything up.
Thanks in advance,
Jason