And What To Do.
PRIORITISE YOUR DEBT.
These debts include:
> Council Tax
> Mortgage, rent etc.
> Income Tax, National Insurance and VAT
> Gas and electricity bills
> Child maintenance
> Court fines, etc.
These don't have to be the largest debts or the debts with the highest interest rate. But if you don’t pay them, you could end up:
> Losing your home – because you’re not keeping up with your mortgage or rent payments
> Being made bankrupt – because you haven’t paid your tax bills
> Having your heating or lighting cut off – if you haven’t paid your fuel bills
> Or, in extrmeme cases - receiving a court summons.