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Step 1.3

What Are Your Priority Debts?

Some debts are more important than others. Important debts such as mortgage arrears, rent arrears, fines, and maintenance payments are called priority debts.

Because:

• Your home may be at risk.
• You may be evicted.
• Your electricity, gas or telephone may be disconnected.
• Your failure to pay a fine or a civil debt may result in a prison sentence.
• Your car or goods on hire purchase could be repossessed.
• For more information click this link: Priority Debts

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