Answer Base

I am thinking that while bankrupt for 1-2yrs, my income (e.g. the payments to me from the student loans company) would be blokeaged by an insolvency practitioner. would my income therefore be taken away from me to pay off my debts?

I think it all depends on how much debt you have if you are considering this. if it is deep you can either try chapter 7 or 13. chapter 7 is a payment plain where they add all the debts together, divide them by how many you have, then each of the creditors gets an even amount. chapter 13 is a complete wipe out of the balance. you can chose either but be aware that this will really mess up you credit score.