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T O P I C    R E V I E W
emdaz Posted - 16 May 2009 : 22:48:16
HI, where would we stand with repaying debts to family as we owe our parents money and obviously would like to pay them back before br?
3   L A T E S T    R E P L I E S    (Newest First)
Niobe Posted - 16 May 2009 : 23:08:51
As gettingoutofdebt says, if you pay this money to your parents, it will be seen as favouritism and frowned upon.

The glimmer gets brighter all the time

Jan
xx
emdaz Posted - 16 May 2009 : 22:54:39
has anyone done this when going br and would the amount factor ie

Loan = 5.5k (not got)

Parents = 500 (can pay)

Thanks
gettingoutofdebt Posted - 16 May 2009 : 22:52:19
Family/personal debts are treated the same as creditors so if you pay them before other creditors (loans/CCs) then it could be seen as favouritism.

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