The Different Kinds Of Debts
Some are more important that others – know your options.
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Pay these debts first. Priority debts are not necessarily your largest, but non-payment has swift and severe consequences.
1st and 2nd charges and how secured loans are treating in an IVA.
Creditor can’t seize an asset and so can be more aggressive in their approach to arrears.
What to do if you can’t afford to pay and payday loan alternatives.
Missing HP payments? Your consumer rights explained
When credit is given to bet with, the debt is not enforceable in law.
Maybe. It depends on several factors, including who your local council is.
Getting cash delivered to you home is convenient. Not so the doorstep collectors.
Utility arrears. What to do if you can’t pay your bill.
No, while usually you can’t be shut off, the water company can take action to recover money owed.
Why you need a fresh bank account when entering into an IVA
Warning: Once a logbook loan is made the vehicle belongs to the logbook loan company
The HMRC issues more bankruptcy petitions than anyone else – don’t be next
What enforcement you can expect if you don’t pay and how they are viewed by insolvency legislation.
These are old debts which under certain (and sometimes complicated) conditions you the law says you need not to repay.
It’s a financial obligation and nothing to do with lending. Normal rules do not apply