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Parent BR - effect on an adult child re student loan etc

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Anna39
Anna39 Posts: 90 Forumite
in Bankruptcy & living with it
Just thought of something - with the prospect of me going BR soon.....

My daughter is doing her last year of A Levels and will be off to Uni hopefully from next year so will need to apply for a student loan etc.

Will me going BR have any impact on her financial position re student loan being refused to her etc? She does live at home so address is the same.

Any links for me?

Thanks a lot.

Comments

  • stubie
    stubie Posts: 244 Forumite
    No, not unless you're are a guarantor.
  • dalip
    dalip Posts: 7,045 Forumite
    Years ago if someone went bc it was a black mark against their address. This has now changed and goes against the actual person.Dx
    Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
    Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D
  • shadowdragon
    shadowdragon Posts: 1,686 Forumite
    Ive been told on these boards that even as a discharged bankruptee, you can still get a student loan, so your father being Bc is deffo not going to affect that. In fact a few weeks ago Im sure an Undischarged BC got a student loan (if i remember correctly).

    Which is good news as I prob gonna be going back into education next year :-)
    "Well, that sounds like a pretty good deal. But I think I got a better one. How about I give you the finger, and you give me my phone call"
    "There is no spoon    "
    ~~MSE BSC member #172~~
  • lostcause82
    lostcause82 Posts: 148 Forumite
    I am currently BR and my partner who is financially associated to me gets a student loan. My partner is also going BR soon and is still entitled to a student loan as they are not linked to BR or written off in it either so your child will be fine.

    Hope this helps
    :D
  • Anna39
    Anna39 Posts: 90 Forumite
    Thatnks a lot everyone - I was very worried about the impact on my daughter that me going BR may have.

    I will sleep better tonight.

    Thanks
  • shadowdragon
    shadowdragon Posts: 1,686 Forumite
    Anna39 wrote: »
    Thatnks a lot everyone - I was very worried about the impact on my daughter that me going BR may have.

    I will sleep better tonight.

    Thanks

    Good that makes me :o
    "Well, that sounds like a pretty good deal. But I think I got a better one. How about I give you the finger, and you give me my phone call"
    "There is no spoon    "
    ~~MSE BSC member #172~~
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