www.iva.co.uk

Posted: **Tue Aug 26, 2008 3:58 pm**

Hello

I'm currently in an IVA but my boyfriend is now considering entering into one, as he has left university.

His debts in total (including student loan) equate to over £15,000, but as this didn't affect me as I didn't have any student loans, he was wondering if the student loan part of his debt will be included with his other debts to qualify for an IVA?

Thanks

Rachel

Posted: **Tue Aug 26, 2008 4:17 pm**

Hey Rachel, I believe they can be included but would expect a very high dividend. Do you know how much the student loan debt is?

Posted: **Tue Aug 26, 2008 4:22 pm**

Yes that's right Viki. They can be included in an IVA, but not bankruptcy.

Posted: **Tue Aug 26, 2008 4:26 pm**

I'm note sure, he won't tell me concrete figures, but I think his student loan debt is around £10-15k

Posted: **Tue Aug 26, 2008 4:29 pm**

Rachel, if you can, try and find out how much is overall debt is as if it's mainly made up of student loan then he will not be able to do an IVA but please wait for someone who knows more than me to help you. X

Posted: **Tue Aug 26, 2008 7:44 pm**

That is unlikely to work as an IVA given the high ratio of student loan debt he is carrying. Is he earning in excess of the repayment threshold yet?

www.iva.co.uk

Student Loans