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 Is it worth paying credit card bills?		  New Topic  Reply to Topic
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Almost there
Junior Member



United Kingdom
288 Posts
Posted - 23 December 2008 :  11:44:02  Show Profile  Reply with Quote
Hi, I am planning BR in Jan/Feb, I am completely up to date with everything at the moment, but that is mainly because I am robbing money from Peter to pay Paul. Shall I stop paying and save that money for the BR? What would you suggest.
Thanks
Sandie

johns_in_debt
Starting Member



United Kingdom
8 Posts
Posted - 23 December 2008 :  13:00:41  Show Profile  Reply with Quote
I'm in a similar situation so any advice would be greatly appreciated...

Regards

John.
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Jez
Starting Member



United Kingdom
49 Posts
Posted - 23 December 2008 :  13:11:03  Show Profile  Reply with Quote
I would suggest that if you know you are going BR, then stop paying your creditors (except mortgage if you want to keep your house after br), but keep paying your bills (utilities, etc...).

I am planning to go BR in March and I stopped paying creditors last month.

Jez
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John
New Member



United Kingdom
73 Posts
Posted - 23 December 2008 :  14:27:51  Show Profile  Reply with Quote
Hi

Jez is correct.

Pay mortgage and utilities and stop paying the unsecured debts.

www.Bankruptcyhelp.org.uk
0800 078 9367
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movin on
Average Member

United Kingdom
946 Posts
Posted - 23 December 2008 :  14:39:04  Show Profile  Reply with Quote
Hi Sandie

I would stop paying like others have mentioned, as you will be able to save for the fees.

Jenny




Onwards and Upwards is the way im going :-0)

From "Moneyworries" to "Movin On" in 3 months is fantastic :-))

xx
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