Service debts: Bills from a doctor, dentist or hospital for which service has already been rendered also fall into this lower payment category. If you are able to make some payment, but not all, these debts can often be negotiated.
Timeshares, boat loans and RV loans: Making payments to vacation resorts that aren't your primary residence or for other luxury items, such as a boat or recreational vehicle, are of low priority. While these items may be repossessed, they aren't essential for your everyday living and you shouldn't spend what little you have available on them.
By having a firm understanding of which debts are most important to pay when there isn't enough money to go around, you will ensure that you don't get yourself in any more financial trouble than is necessary.
