Bankruptcy Information Centre

Articles categorised as "Student Related"

Will I Lose My Student Grant If Bankrupt?

Question: I am considering bankruptcy and my only income is a student grant and loan. May any of this be treated as too much income and be taken off me? I get 300 grant £300 loan a month to live off will they take any off me? Answer: From what you have stated, no, this [...]

Will My Student Incentive Money Be Taken In Bankruptcy?

Question: I am about to declare myself bankrupt in the next two days. I am on Job Seekers Allowance of £130 fortnightly. I hope to be starting university for PGCE in September 2010, and have been approved for a Maintainence loan and university fee loan, which i know i will have to pay back, since [...]

Will My Student Grants Be Used To Pay Into My Bankruptcy?

Question: I am considering declaring bankruptcy i am a mature student with two dependant children i recieve benefits and student loans and grants i have a debt of £70,000 + mortgage shortfall as a result of having my house repossessed during a difficult divorce Will my student grants and loans be taken off me to [...]

Can I Go To Uni If Bankrupt?

Question: I have got a lot of dabt as i have lived in 10 different home in the past for years most if it is gas and water bills i am in college and hoping to go to uni in 2 yrs when i have finshed my course. I have debt and have been adived [...]

Are Student Loans Included In Bankruptcy?

Question: I am due to be discharged as a bankrupt this summer. I would like to return to uni to finish my degree but there is a debt for £300 that is blocking my way, it is not legal to pay it. Will it disappear when I am discharged or can some one else pay [...]

Can I Go To School And Get A Degree If Bankrupt?

Question: I am on benefits my debt is over £15,000, bankruptsy seems the only option for me. can I still study at college or do a degree if bankrupt? Answer: Yes, you can still study and go to school if you are bankrupt. Being bankrupt does not restrict you from going to school or obtaining [...]

Can I Get A Student Loan While Bankrupt?

Question: I was made bankrupt and should be disacharged on 4/9/10, I will be starting at uni on 16/910 – can i apply for a student loan to help. i am a mature student aged 26. Answer: Technically whilst bankrupt you are not allowed access to credit unless the Receiver in your bankruptcy states it [...]