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 Hi, should I stop paying my creditors
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mick063
Starting Member



31 Posts

Posted - 30 April 2009 :  13:39:20  Show Profile  Visit mick063's Homepage  Reply with Quote
Hi, should I stop paying my creditors, or would this be detrimental to me going bankrupt in 2 wks time?
Thanks Mick

gettingoutofdebt
forum expert



2418 Posts

Posted - 30 April 2009 :  13:43:10  Show Profile  Reply with Quote
There isn't any point in paying your creditors if you are going BR so save your money for the fee rather than paying the creditors.
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jim_h
Junior Member

United Kingdom
219 Posts

Posted - 30 April 2009 :  14:07:50  Show Profile  Reply with Quote
can only just afford current bills so all my creditos will have to wait was alright but now still on four day week lost 250 pounds a month haven't any spare money left
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Jane.l
Average Member

511 Posts

Posted - 30 April 2009 :  14:17:25  Show Profile  Reply with Quote
I did not pay my creditors for 8 months before bankrutcy, I got 2 CCJs awarded but that was it
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mick1972a
Junior Member

235 Posts

Posted - 30 April 2009 :  15:10:30  Show Profile  Reply with Quote
Yeah a lot of mine had no payments for 6 months. Was worried I would at least get an attachment of earnings but never got anything. Theres no point in paying them when you are so close and have decided that your going to go bankrupt.

Mick
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chester2005
Average Member



United Kingdom
786 Posts

Posted - 30 April 2009 :  15:27:20  Show Profile  Reply with Quote
Save the money , none payments for months is not a problem before BR so 2 wks, they probable won't even get around to calling you.


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
Life's too short!!!
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