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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.