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 I am a mature student, living as a council tennant
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lee_sn
Starting Member



1 Posts

Posted - 09 November 2009 :  22:10:39  Show Profile  Visit lee_sn's Homepage  Reply with Quote
I am a mature student, living as a council tennant with my partner and 2 dependant children. My only income is from the Student loans Co. (I have receive a loan and 2 grants) and I am currently waiting to hear about an application for Carers Allowance, as my partner is disabled receiving DLA Care Component (middle rate).
I am already in default to Capital One credit card, owing them £7000. I do not have any assets (ie a car, savings or property). Can I file for bankruptcy, and how much would it be likely to cost me?
Would I still be able to keep my student current account with the Halifax plc.
Thanks,
Lee

chester2005
Average Member



United Kingdom
786 Posts

Posted - 10 November 2009 :  00:05:45  Show Profile  Reply with Quote
Hi and welcome to the forum
With only owing £7000 you would potentially be eligible for a DRO debt relief order, they are like a mini bankruptcy, handled by the CAB and a couple of other associations.


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
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