WSNP and student debt: what you need to know


Questioner

Can the duo charge interest during a debt restructuring program?

Lawyer

The WSNP does not apply to student debts. However, during the term of a WSNP trajectory, the repayment of a student debt is suspended and no interest is due on the outstanding amount. See Article 299a, paragraphs 1 and 2 of the Bankruptcy Act.

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