Advice Centre

Debt

From time to time you will experience problems with your finances. We can help with some of the most common issues.

Dealing with Creditors

  • Writing a Hold Letter to your creditor, which essentially means that we'll be asking for time to pay your debt
  • Drawing up a financial budget sheet

Debt Relief Options

  • We can look at debt management plans
  • Debt relief order
  • Bankruptcy options
  • Individual voluntary agreement
  • Administration order

Creditor Harassment

  • We can help you report unlawful behavior to the financial governing bodies
  • Check whether your credit agreement is enforceable
  • Help to suspend bailiff action
  • Advise on how to deal with court action

Deal with Priority & Non-Priority Debt

  • Priority - we can advise on how to pay your rent and council tax
  • Non-Priority - we can advise on how to pay your credit cards and non secured loans
  • https://www.citizensadvice.org.uk/debt-and-money/- For additional advice and practical help in contacting creditors and re-negotiating your debt payment

 

 

Student Support Fund

If you suddenly find yourself in financial difficulties or experience an unexpected change in circumstances, you may be eligible to apply for emergency financial help through the Student Support Fund. The Student Support Fund is funded by the College alongside generous donations from our students, staff, alumni and other supporters. The aim of the fund is to help current students who experience genuine financial hardship with their cost of living and excludes any support towards tuition fees or visas. All students are able to apply.

IMPERIAL COLLEGE UNION
Beit Quadrangle
Prince Consort Road
London SW7 2BB
Registered Charity No: 1151241
Tel: 020 7594 8060
Fax: 020 7594 8065
Email: union@imperial.ac.uk
Twitter: @icunion
VAT Reg No. GB 240 5617 84
imperialcollegeunion.org