Whilst I try and save the fee for Bankruptcy....

Boobydoo

Can I cut all my payments down to the people I owe money? It's going to take me a few weeks to save the amount, but I'm worried that if I'm paying out debts, then I'll never get the chance to save.

I have 3 CCJ's
Council tax arrears

I assume I cannot just stop paying the court ones?

National_Debtline

Hi Boobydoo


I would definitely stop payments on these debts with immediate effect, so that you can accumulate the bankruptcy fees more quickly. There isn't a lot that your creditors are likely to be able to do over the next few weeks that will weaken your position. If any of the debts are passed to enforcement agents, simply ensure that you don't let them in, and if you so wish you can inform them of your imminent bankruptcy as it may simply put them off a wasted effort.


Dennis
@natdebtline