The most important bills that come after family and home are your utility bills. After you’ve kept up on your mortgage or rent, it is important to keep your home livable. Paying your minimum utility payments will at least help you avoid your utilities being disconnected.

Next, pay the bills associated with your car. This is especially important if you need your car to keep your job. Car loan or lease payments are not the only cost of having a car. As a driver, you need money for gas, maintenance, and taxes. Insurance payments also need to be kept up to date in order to avoid driving without insurance (which is illegal in many states) or to avoid a creditor buying more expensive insurance for which you will be responsible. If you can live without your car, you may be able to avoid some big expenses and another debt to add to the list.

The four bill types that have been mentioned thusly are essential for you to continue to live and work. There are serious consequences for not paying these bills, like having your electricity shut off or your car repossessed. If you cannot make payments on these bills, you may want to visit with an attorney who specializes in debt relief to see if bankruptcy can help you.

Tags: bankruptcy, car insurance, car payment, Chapter 13 bankruptcy, Chapter 7 Bankruptcy, debt relief, keep your home, loan payments, utility payment

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