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crises loan

Hi,
If your'e declared bankrupt will a social fund crises load still have to be repaid?

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    They are provable in the bankruptcy and as such, you are released from the liability to pay them when you are discharged.

    However, in common with benefit overpayments, they can be deducted form any ongoing benefits up until your discharge date. On your discharge, any unpaid remainder must be written off.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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