| T O P I C R E V I E W |
| Hengus |
Posted - 13 February 2011 : 16:45:20
I was a student 1996-9 and have a current student loan balance of approx £6k. I know student loans aren't included in bankruptcy, but my student loan has been sold (?) or is certainly administered by Capquest Debt Recovery (they are who I deal with - the SLC won't communicate directly with me at all). I do however still receive an annual statement from the Student Loans Co. I assume this debt won't be included, but can anyone confirm for me?
Many thanks
Hengus |
| 6 L A T E S T R E P L I E S (Newest First) |
| Niobe |
Posted - 13 February 2011 : 19:55:14
I still think that it will be outside the bankruptcy remit but you need to check with the OR.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
| Hengus |
Posted - 13 February 2011 : 19:21:41
quote:
Originally posted by RHB
So it's been passed on due to you not paying it in full when you should have? I think it will still be outside the remit of bankruptcy BUT when you are BR then you will not have the other debt to pay & can hopefully get it bACK ON TRACK.
Not quite. I actually should never have started paying back my student loan (because I was self employed and never earnt enough to start paying) until earlier this year when I started paid employment. However, I supposedly didn't tell them of a change of address and because of their not being able to contact me for 10 months they passed it on to Capquest who then tracked me down. |
| Niobe |
Posted - 13 February 2011 : 17:32:31
Student loans cannot be included in bankruptcy at all as far as I am aware.
I didn't think that they sold them on either.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
| RHB |
Posted - 13 February 2011 : 17:27:58
So it's been passed on due to you not paying it in full when you should have? I think it will still be outside the remit of bankruptcy BUT when you are BR then you will not have the other debt to pay & can hopefully get it bACK ON TRACK. |
| Hengus |
Posted - 13 February 2011 : 17:22:27
quote:
Originally posted by RHB
Are you paying it off at the moment or should you be?
I am paying it off at a nominal agreed rate - currently 35 pounds a month.
This is arranged directly with Capquest (and about every 4 or 5 months they tell me a new payment of about £150 a month is required, and I go back to them and tell them there is no way I can afford this, and then we agree I will pay another 3 or 4 pounds on top of my current rate - this has happened several times over the last couple of years!) not with the SLC. |
| RHB |
Posted - 13 February 2011 : 17:12:10
Are you paying it off at the moment or should you be? |
