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Mortgage first says banks
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poppysarah
Posts: 11,522 Forumite
Mortgage comes first, owners warned
Thousands of homeowners are to be warned by taxpayer-owned banks to forget renewing their subscription to Sky TV or buying a new BlackBerry and instead focus on paying their mortgage.
Article
http://www.pressassociation.com/component/pafeeds/2011/08/31/mortgage_comes_first_owners_warned
Just reading this and trying to think what's on the allowed list of things you can pay out of your wages when you go bankrupt ... can't you keep your phone and sky then?
Thousands of homeowners are to be warned by taxpayer-owned banks to forget renewing their subscription to Sky TV or buying a new BlackBerry and instead focus on paying their mortgage.
Article
http://www.pressassociation.com/component/pafeeds/2011/08/31/mortgage_comes_first_owners_warned
Just reading this and trying to think what's on the allowed list of things you can pay out of your wages when you go bankrupt ... can't you keep your phone and sky then?
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Comments
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No you cannot all contracts finish on the day you become bankrupt. You have no more liability for them. So keep the blackberry and put in a PAYG SIM and use the telephone allowance of £60 per month to pay for the landline, the calls, the internet, the tv and the mobile phone. If it costs more than that then too bad.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0 -
Obviously! Somewhere to live is a necessity; toys such as televisions and mobile telephones etc. aren't.poppysarah wrote: »[H]omeowners are to be warned by taxpayer-owned banks to forget renewing their subscription to Sky TV or buying a new BlackBerry and instead focus on paying their mortgage.0 -
MSE News discussion here: https://forums.moneysavingexpert.com/discussion/comment/46520199#Comment_46520199"One thing that is different, and has changed here, is the self-absorption, not just greed. Everybody is in a hurry now and there is a 'the rules don't apply to me' sort of thing." - Bill Bryson0
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