There are some interesting details reported in this Official Information Act response about student loan bankruptcies:
- Between 1 January 2013 to 30 June 2018 there were 274 bankruptcies where a New Zealand student loan debt was the only debt. In many cases, that we deal with, people have some other kind of debt, even if it is minor, so the actual numbers of bankruptcies that involve student loan debts may be far higher.
- Overseas property is at risk of seizure, however, in most cases a negotiated resolution is the result.
- Contributions can be requested from overseas resident bankrupts.