We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Student Loans Company and DRO
Merlinexcalibur
Posts: 1,699 Forumite
in IVA & DRO
I get this deferred every year. Someone has told me that SLC loans MUST be included in the DRO. Because it's another debt so has to be included with the rest. However, this is what is taking things over £15000. Is this correct? Because I know you can't include (from reading here) SLC loans in BR. Is what I have been told correct?
Any help, opinions, views I may hold those are my own. Respect them as you would expect the same in return. Offered freely, is gleaned from a lifetime of experiences, knowledge gaining. Passed on to benefit others. I may be direct, ask you questions but those are to help you. Up to you if you choose to take it. I won't judge you either way.
0
Comments
-
Just found a DRO leaflet on Insolvenct Service website. Page 8, Student Loans not included in a dro:
http://www.insolvency.gov.uk/pdfs/guidanceleafletspdf/droguide.pdf0 -
All debts should be listed! But from the intermediary guidance:7.5 Is this an excluded debt?
If any of the debtor’s creditors fall within the category of an excluded debt (see page 6 of this guide), you should select ‘Yes’. Please note that excluded debts will not count towards the overall total of unsecured liabilities. If the debt is not an excluded debt select ‘No’ and continue.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards