What are priority debts Priority debts are so named because if they are left unpaid there could be serious consequences. They are listed below - Rent Left unpaid and a court order could be made to evict you.
- Mortgage Repayments Left unpaid and you may be evicted and lose your home.
- Utility Bills Left unpaid and your gas or electricity could be cut off.
- Council Tax Refusal to pay and you could get sent to prison.
- Income Tax Don't pay and the HM Revenue & Customs and they could start bankruptcy proceedings against you.
- Court Fines Don't pay and a warrant for your arrest will be issued and you may get sent to prison.
|
what-are-priority-debts