10 steps to sorting out your debts
Should you be getting advice now?
Some people put off getting money advice. If any of the statements below describe how you are right now, you should get help right now!
"I am too worried to open the letters"
"I can't tell my family or friends about my debts"
"I am tempted by all the adverts for consolidation loans"
"I don't seem to have enough money to buy the things we really need"
"My money worries are affecting my sleep"
When you can't juggle the bills and the weekly shop, and your heart sinks when you hear the mail come through the letterbox, it can be very tempting to put unopened bills in a drawer.
As tempting as it is though, ignoring debts like this actually causes you more stress in the long run, and costs you more money as extra fees are added to your debt. It's usually far less frightening to grab the bull by the horns and deal with your debts. Even if you think it's hopeless, it rarely is. If the idea of trying to sort your debt out yourself makes you want to put the letters back in the draw, there are plenty of advice centres that can help you.
It is usually a good idea to consult a money advice expert at some point. They can tell you the best way to deal with people you owe, and help you make the most of your income, no matter how little you have. They will usually advise you how to deal with debt problems yourself, which is probably best in the long run. But in emergency or urgent situations, a money adviser might have to deal direct with the companies you owe, the bailiffs, or the courts.
Where can you get help?
Your local advice centre or Citizen's Advice Bureau. Look in your yellow pages or use the search box on the right for their contact details. Phone for an appointment and explain what the problem is. Tell them if you have any deadlines (like a court date) so they can ensure you get an appointment before it is too late. Take all your letters with you, and any evidence of the things you have done to try to solve the problem.
Consumer Credit Counselling Service
Helpline: 0800 138 1111
National Debtline
Helpline: 0808 808 4000
Community Legal Advice
Helpline: 0845 345 4 345
See links to other websites for help on the web
