Nice work Ian,

This topic has provided some very useful information. Thanks

Hello, As some of the earlier posts have indicated, what a strange situation this is. A bankruptcy order will take priority over the liability order here and therefore I am surprised by the Official Receiver’s attitude. If you are still not having any joy with the council direct, the O.R or the bail...

Hello Adam, I have asked someone in our supervision department to have a look at this for you and in principle, as long as you provide your supervisor with a full explanation of your circumstances/detailed financial breakdown then he should not seek to increase your contributions. To demand an incre...

Hi Melanie and Ian, This is such a confusing topic, in my opinion because the legislation is silent! We also have a small number of IVA’s running where student loans are included. This though does not mean that it is necessarily 100% correct, only that no challenge based on unfair prejudice has ever...

It looks as though a DMP is the best way to go. Good luck, I hope everything works out for you. One point of general interest relating to this topic – any attempt to include a student loan in an IVA should fail because of the special position of a creditor whose claim survives the discharge of a ban...

Hello Kirsty1, I am fairly new to this site and have made hardly any postings. However, I would like to add a comment or two of my own for you if I may? Student loans can’t be included in an IVA anymore or are for that matter covered by a bankruptcy. I also think that you must start to repay your st...

It is expected that this year we will see a record number of personal insolvencies with in excess of 130,000 people expected to enter into an Individual Voluntary Arrangement (IVA) or be declared bankrupt. In 2007 creditors had to write off more than £1.3billion in bad debts as a result of the numbe...