What about debt

[bread_of_life]

so many years ago, in Canada, actually in 1999, I took out a student loan, and because at the time I didn’t do what was right, never made any payments on the loan, but I recently got to the point of making all the right phone calls and so on to arrange payments for the loan.

so what I was told on the phone was, collection on your loan was cancelled back in 2002, and if you were to try and make payments on it now, that would involve interest that would go back to the original loan, meaning, I would be paying interest building up for over 20 years.
it turns out the original loan was something like 4700 which I could pay today, but what I am asking is, am I on the hook for the interest on this loan, which would essentially mean making payments for the rest of my life.

 

[1Lord1Faith]

collection on your loan was cancelled back in 2002

It sounds like you’re off the hook. What’s the problem?

 

[bread_of_life]

I know the world sees it that way but I feel like when I stand before the Lord he will know that I had that de
bt and I never absolved it but it only disappeared because time went by.

 

[bread_of_life]

there is another aspect of my post which I never mentioned before is that I want to go to the monastery, and one requirement is that you have no outstanding debts, and this is one of my debts, and I am wondering if this debt is absolved or not.

 

[Dan123]

If those you owed money to have chosen not to collect, and in fact chose that almost 2 decades ago, then you don’t owe them money. They likely wrote it off and moved on with their lives. It’s especially weird that it was written off only 3 years after you took the loan. If you feel guilty and they don’t want your money, make a donation to a charity you find worthwhile, or ‘pass it on’ by helping a younger relative just beginning their higher education.

 

[1Lord1Faith]

one requirement is that you have no outstanding debts, and this is one of my debts

They’ve told you that the debt has been canceled. There is no debt, apparently, anymore.

 

[bread_of_life]

its not weird, I landed on the street shortly after all this stuff went down so they were trying to contact me but couldn’t. this is most likely why they gave up.

 

[Dan123]

Well they had the choice of keeping the debt open or writing it off, they chose the latter.

 

[Tis_Bearself]

Give 5 grand to a charity or scholarship fund and fuhgeddaboudit.

Also thank the Lord for clearing this debt to make you debt free for your monastery vocation.

 

[bread_of_life]

ok I hear what you are saying.

 

[Sarcelle]

Be thankful to God because of his grace your debt was erased.

If you still feel guilty use the money you know have for charity.

 

[Tis_Bearself]

I’m sure the OP suffered some serious damage to his credit rating due to the cancelled debt, which if he were living on the street anyway, he might not have noticed.

 

[bread_of_life]

Canada is a nice place, to live, but it depends on where you live in Canada… like anywhere else, there are some not so nice places. It is a nice place to visit! Have you been there? Where did
you go there?

 

[bread_of_life]

you are right, I was on the street in Canada but since returning to the US I have joined the Catholic Church (in 2008) and now I have a great job and a career. and also I hope to become a Benedictine.

 

[bread_of_life]

if the Benedictines turn me down then I will continue

 

[Irishmom2]

You do not have outstanding debt. You were told it was cancelled. That’s it. It doesn’t exist anymore.

 

[thistle]

so many years ago, in Canada, actually in 1999, I took out a student loan, and because at the time I didn’t do what was right, never made any payments on the loan, but I recently got to the point of making all the right phone calls and so on to arrange payments for the loan.

so what I was told on the phone was, collection on your loan was cancelled back in 2002, and if you were to try and make payments on it now, that would involve interest that would go back to the original loan, meaning, I would be paying interest building up for over 20 years.
it turns out the original loan was something like 4700 which I could pay today, but what I am asking is, am I on the hook for the interest on this loan, which would essentially mean making payments for the rest of my life.

Who was the lender? A bank or who?

 

[Crocus]

Wow. Any diocesan priest would kill (well maybe not kill ) for a story like that, to illustrate the gospel of salvation.

Sure you don’t want to look into seminary?

 

[bread_of_life]

In some provinces of Canada, student loans come from the federal government; that’s who the lender was.

 

[otjm]

If he feels he has a vocation to the Benedictines, and they accept him, it will be up to them as to whether or not he stays a monk or becomes a monk priest.

I met a young monk about 5 months ago who was making his first vows. He happened to be in seminary when he discerned a call to join the Benedictines, and he is still in seminary - so, to be ordained. However, most who join the Benedictines do not seem to already be in seminary, so further discernment is needed, should they join, as to ordination.