Questions you have before making a decision to go Bankrupt and the Bankruptcy process

Moderators: TalbotWoods, JaneClack

By student08
#205380 Hello,

I'm new to these forums but have a quick question. My wife and I have an IVA at the moment, which we took out 4/5 months ago. We have a one year old boy, and she works full time earning £20k pa. I am studying full time and have taken out a student loan to cover tuition fees and living expenses.

basically, will I be able to stay at uni/studying as a bankrupt, and can I still take out future student loans. From previous posts it seems possible but wanted clarification if possible!!

Many Thanks
By gardener
#205420 While you are waiting for someone who has actually done this: Like you I got the impression from previous posters that it is perfectly possible and I must say I can't see why not. I expect you know that student loans are not included in bankruptcy i.e. you still have to pay them back, so I can't see why you would be prohibited from taking out further loans.