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 is it okay to pay small debts before bankruptcy

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T O P I C    R E V I E W
anne.or Posted - 12 July 2010 : 19:07:27
is it okay to pay small debts before bankruptcy I cant afford the large debts
2   L A T E S T    R E P L I E S    (Newest First)
Bridgewood Posted - 13 July 2010 : 08:46:23
Hi Anne

Technically it is an offence to put any creditor in a better position than all your others once you have decided to make yourself bankrupt. The amount is irrelevant.

I can understand the thought behind it, but you would be better keeping the money yourself





Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.
debtinfo Posted - 12 July 2010 : 19:12:32
why pay the small ones when they are all going to go into the bankruptcy

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