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liney30
Junior Member
193 Posts |
 Posted - 10 July 2008 : 22:22:47
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I am going to petition for bankruptcy before the end of this month. Today i went and paid my rent for last month, i always pay it at the end of each month when i get paid, but it would look on my rent statement that my account was in debt and i have cleared it. However i'm suddenly thinking could this be a problem, would it fall under prefernce payments?
My landlord wouldn't be classed as one of my creditors but could it be viewed that i had a debt that i have paid with preference to that creditor? This is how i always pay my rent and obviously i am going to pay it as i don't want to be homeless!!!
Any advice would be very gratefully appreciated. |
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melanie_giles
Senior Member
1191 Posts |
Posted - 10 July 2008 : 22:26:25
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Your rent is an ongoing line of expenditure, and to pay the monthly instalment now would not be deemed to be a preference. If you don't pay your rent, you may lost your home, so the payment is ably justified.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
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liney30
Junior Member
193 Posts |
Posted - 10 July 2008 : 22:30:25
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phew!! thats a huge worry off my mind.
I thought that was probably how it was but as bankruptcy gets nearer i'm getting more and more stressed over things that would be so clear at other times.
Thanks Melanie, you've been a huge help will all of the queries i have posted recently. |
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melanie_giles
Senior Member
1191 Posts |
Posted - 10 July 2008 : 22:37:41
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No problem - keep them coming because that is what this forum is all about! And if we can help to take some of that stress away from you even better, as it will all soon be over.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 11 July 2008 : 10:40:56
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Another satisfied customer :)
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
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what do you think of this?
