I am on a student visa

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k.f

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Post by k.f » Sat May 19, 2007 2:08 pm
I am on a student visa.. does that effect my debt situation?
 
 

MelanieGiles

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Post by MelanieGiles » Sat May 19, 2007 2:53 pm
Can you explain what you mean by a student visa. Do you mean that you are from overseas and are staying in the country under a fixed term visa?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
 
 

finebridge

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Post by finebridge » Mon May 21, 2007 11:20 am
Hi K.F,

How much debt do you have? Does this consist of a student loan? Please give us a little more information and we can advise you further.

Kind Regards

Nicola

Finebridge Ltd
22 Laud Street, Croydon, CR0 1SU
0800 180 4212
www.finebridge.co.uk
Finebridge Ltd
22 Laud Street, Croydon, CR0 1SU
0800 180 4212
www.finebridge.co.uk
 
 

k.f

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Post by k.f » Wed May 30, 2007 2:58 pm
Sorry for coming back a bit late on the issue.

Melani Giles:
Can you explain what you mean by a student visa. Do you mean that you are from overseas and are staying in the country under a fixed term visa?

Answer: Yes I am from overseas and I am in the country under a fixed term visa, which gets renewed every year if I am still studying, which I am.

Finebridge:
How much debt do you have? Does this consist of a student loan? Please give us a little more information and we can advise you further.

Answer: I have approximately £20,000 in debts. No it does not include any sort of student loans. All the outstanding balance is on 3 credit cards, 2 phone bills and one bank overdraft.
 
 

MelanieGiles

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Post by MelanieGiles » Wed May 30, 2007 5:28 pm
Hi kf

I would not have thought that a student visa would have affected your debt problems - assuming that you are a UK resident and have been in the country for more than 6 months.

In order to address your debts you could declare yourself bankrupt, enter into an IVA with creditors or offer a Debt Management Programme. I suggest that you take specialist advice with regard to your options.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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