The main aim of a debt management plan is to enable you to be in a position that you can keep paying your priority debts, because not doing so can have devastating consequences.
Below is a list of Priority Debts and outcomes of non-payment.
Priority Debt
Consequences of Not Paying
Secured Loan
Loss of Home
Rent
Loss of Home
Mortgage
Loss of Home
Electricity/Gas/Housing Fuel
Prepayment Meter/ Disconnection
Council Tax
Attachment of Earning / Bailiffs / Imprisonment
TV Licence
Fine / Imprisonment
Child Maintenance
Attachment of Earning / Imprisonment
County Court Judgements
Attachment of Earning / Bailiffs / Charging Order
Magistrates Fine
Bailiffs / Imprisonment
Hire Purchase
Loss of Goods
Telephone
Disconnected
NOTE: Imprisonment ONLY applies if you wilfully refuse to pay
