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University and an IVA - please help!
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Right, I started my IVA In October 2014, since I was made redundant following the birth of my 2nd child I have found it difficult to be happy in the dead end jobs I seem to keep picking up. I have a dream and I want to follow it. I have just separated from my partner after a mentally abusive relationship where I have been made to feel downright hopeless. I have now realised that's not the case and I want a future for me and my girls!
My question is has anybody ever gone to university whilst in an IVA and been able to maintain their payments?
I've done a rough calculation of student loans/bursaries and child care costs and the difference in money is astonishing. I'm currently struggling and can't see a way out in the future unless I finish my qualifications to enable me to have a career.
Would I be eligible for a student loan in an IVA and is my ip likely to just laugh it off and tell me that if I wish to study my IVA will fail?
Any help greatly appreciated!!
My question is has anybody ever gone to university whilst in an IVA and been able to maintain their payments?
I've done a rough calculation of student loans/bursaries and child care costs and the difference in money is astonishing. I'm currently struggling and can't see a way out in the future unless I finish my qualifications to enable me to have a career.
Would I be eligible for a student loan in an IVA and is my ip likely to just laugh it off and tell me that if I wish to study my IVA will fail?
Any help greatly appreciated!!
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Comments
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Could you do distance learning (open university or similar), alongside your current job until the IVA ends ?
I would think as a full time student you would struggle to make any IVA payments, this would jepordise your IVA. If a full time course for 3-4 years is the plan and you have no assets (is home) to protect, maybe going bankrupt would be a way forward. In bankruptcy I doubt you'd have any disposable income to pay over so wouldn't get an IPA, it would muck up your credit history for 6 more years though0
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