www.iva.co.uk

Posted: **Mon Aug 31, 2009 3:23 pm**

Hi,
I would like to know wether an IVA or bankruptcy would affect my student finance?
Thanks in advance.
Gillian

Posted: **Mon Aug 31, 2009 4:21 pm**

Hello Gillian, i don't know the answer to your question but rest assured one of the experts will pick this up and answer accordingly.

Regards zim zim

Posted: **Mon Aug 31, 2009 5:20 pm**

Hi
Do you mean your student loan from The Student Loan company ?
If so then it will survive bankruptcy but will have to be included in an IVA proposal. If the debt is large enough to mean that a rejection will scupper an IVA your Insolvency Practitioner may well exclude it from your IVA with your other creditors permission
Regards

Posted: **Mon Aug 31, 2009 5:23 pm**

Would you be allowed a student loan if you were in an IVA and wanting to go to Uni Andy?

Posted: **Mon Aug 31, 2009 6:30 pm**

Possibly Jan - but it would depend upon the circumstances, and of course IP permission would be necessary. Also, if someone was going to go to university whilst in an IVA, this could affect their ability to pay their IVA contributions in any case.

Posted: **Mon Aug 31, 2009 7:03 pm**

That's true.

Posted: **Mon Aug 31, 2009 7:11 pm**

Hi,

I deleted your other thread as the question has been answered on here.

Posted: **Wed Sep 02, 2009 4:51 pm**

Sorry guys, i am already a student and I was refering to my yearly student loans fron the student loans company.

I have 3 years left at university any these loans are to pay my fees etc so is extremely important.

Sorry to be a pain but I am new to this!x

Posted: **Wed Sep 02, 2009 5:50 pm**

How much do you actually owe to creditors gill, and are you thinking of proposing an IVA now?

Posted: **Wed Sep 02, 2009 9:57 pm**

I owe around 15k.

Posted: **Wed Sep 02, 2009 10:07 pm**

Hi there G!

There are options available which you need to consider.

Speak to an expert - one of the experts here or at the iva companies listed. The advice is free and confidential and without obligation.

Very kind regards,

Posted: **Wed Sep 02, 2009 10:21 pm**

You might be better off with a DMP whilst you finish your studies - as hopefully with a degree behind you and a good job you may be able to then incraase the payments and avoid having a formal insolvency registered against you. I would have a chat with a debt management company for further advice on options.