can student loans be included in the calculation

[MelanieGiles]

I'm not sure that I understand the advice given by Ollie (Thomas Charles), as there is nothing in legislation which exclues a student loan from an IVA, unlike the ruling under bankruptcy proceedings. I take a practical view with these things - if they are 25% or less of the aggregate debt they are included, if not then the IVA is not going to work unless the debt is specifically excluded - but this must only be done if the other creditors are not to be prejudied and with their specific permission.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[minnarory]

My student loans come from 1996 to 2000, I have just started earning enough to pay them back and with my other minimum payments and bills I am left with £40 per week to live off. They want £140 per month on the repayment loans and they are already taking approx £80 for other student loans out of my wages. Is there anything I can do as they are pushing me into bank charges?

[MelanieGiles]

What other debts do you have alongside these loans?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp