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
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
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