Any credit agreements or debts you have are split into two groups: priority and non-priority. It’s important to understand who your priority creditors are and contact them as soon as possible.
It’s important to keep track of your debts and to prioritise them depending on whether they’re priority or non-priority. You might find it helpful to use a table like the one below. You could start by jotting down all your debts, then putting them in order of importance so you can clearly see which priority debts should be paid first.
|Debt (original creditor)||Type of debt (priority or non-priority)||Amount owed||Agreed payment (weekly or monthly)||Transferred to (if your original debt is sold on to collection agencies)|