We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Joint RBS overdraft
Comments
-
Thanks JCS, I just put them in that order of priority as I believed that was the order they would be paid off by the OR - thinking along business BR lines where debts with no legal contract are the lowest priority.
I did also say that all debts should be repaid in proportion!When I joined, I needed a name. The forum members gave one to me...I am INAN
"Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt0 -
OR's fees get paid first, and (if a trader) employees have preferential payment, but then everything else is split out between unsecured creditors.0
-
Righty-ho, cheers for that.When I joined, I needed a name. The forum members gave one to me...I am INAN

"Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards