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?
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.
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.
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