Would student finance be considered as 'new credit'?

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Chrisd0239

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Post by Chrisd0239 » Wed Mar 04, 2015 6:38 pm
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I have an IVA at the moment but I am looking to go back to college and get a professional qualification so I can earn more (and pay more). Would student finance be considered as 'new credit'?

Thanks for the advice.
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Michael Peoples

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Post by Michael Peoples » Thu Mar 05, 2015 9:12 am
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It would be so you will need permission from your IP. This ought not to be a problem.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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Foggy

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Post by Foggy » Thu Mar 05, 2015 10:26 am
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You will also have to consider your ability to maintain the IVA during your studies, as, I assume, your income will be reduced.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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