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T O P I C R E V I E W
gem
Posted - 08 August 2008 : 09:50:44 i am condidering going bankrupt, i am recieving benifits and also starting a degree next month ad would need to apply for a student loan to cover tuition fees. is it still possible to get a student loan if i go bankrupt and will i continue to recieve benifits as i am supporting my daughter?
3 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 27 August 2008 : 12:33:36 Hi Sheenac,
Just remember that as an undischarged BR, you have a legal obligation to inform anyone you borrow more than £500 from (including friends and family) of your status.
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
sheenac
Posted - 26 August 2008 : 19:08:51
quote:Originally posted by Suzanne
Hi gem
I don't think you would be able to get a student loan while bankrupt, as not only is it a form of credit, but the student loan company would probably not think you were a good risk. To be sure I would give them a call and ask what their policy is.
Student loans are not credit scored and there is no difficulty getting one when bankrupt. They are completely separate from other forms of credit.
Suzanne
Posted - 08 August 2008 : 13:50:47 Hi gem
I don't think you would be able to get a student loan while bankrupt, as not only is it a form of credit, but the student loan company would probably not think you were a good risk. To be sure I would give them a call and ask what their policy is.
