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dazed and confused
Junior Member
United Kingdom
475 Posts |
 Posted - 30 September 2008 : 16:24:24
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Dear Forum
As I understand it, Student Loans are exempt from BR? Fair enough.
Do they still get put down on the BR forms or ommitted altogether?
I am currently in a DMP and they get put down on that.
Thanks in advance! |
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BankruptC
Senior Member
1030 Posts |
Posted - 30 September 2008 : 16:40:42
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Hmmm I'm really not sure, Dazed. On the one hand, they are a creditor, but then for the purposes of BR they're not. Not sure what should happen there. Hopefully someone will be able to help you soon.
Sorry I can't help! :-)
C. x |
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John
New Member
United Kingdom
73 Posts |
Posted - 30 September 2008 : 20:23:06
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Hi
student loan repayments should be entered as an expenditure (if you are currently making any payments that is) but not required to be listed as an unsecured debt.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
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dazed and confused
Junior Member
United Kingdom
475 Posts |
Posted - 30 September 2008 : 20:34:03
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Hi!
I am not currently earning enough to have to pay them, but my DMP provider have decided that I should pay them so I currently am paying them a percentage of my DI.
So, when I go BR should I omit them altogether or put down how much I am paying them in the DMP?
Sorry for any confusion and thanks in advance! |
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zamfir
Junior Member
303 Posts |
Posted - 01 October 2008 : 01:47:09
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| I put my Student Loan down on the unsecured section, even though I'm not currently paying them back. The OR said I was correct to enter the details, but as you said, it won't be written off in BR. |
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369
Junior Member
366 Posts |
Posted - 01 October 2008 : 16:09:15
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Hello,
I was wrongly advised by the Financial Adviser that I had, that my Student Loans would be INcluded in my Bankruptcy! I may have thought differently if they I knew they weren't. She was given very harsh words when i found out (and it was too late to turn back) that they weren't included!!!
Still, I did have other debts which have been sorted now, and I am 31 days away from being discharged! |
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dazed and confused
Junior Member
United Kingdom
475 Posts |
Posted - 01 October 2008 : 17:26:15
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Hi and thanks for your replies!
Ok, I will put them down in the unsecured section.
Cheers! |
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BR and Student Loans...
