Could you write off some debt?

To avoid losing your utilities, making a plan to pay back what you owe can help. If that’s not possible, there are other ways to manage your debts. Check out this guide about gas and electricity bills.

In some cases, yes. If it’s going to take too long to pay back what you owe, you might be able to erase some or all of your debt. But remember, it’s important to get debt advice before making any decisions. Find out more about writing off debt here.

If you have a poor credit history, you might be offered loans and credit to consolidate your debt. But these usually come with high interest rates. So, consolidation might not be the best option for you. Learn more about debt consolidation here.

Even if it feels like there’s no help, there are actually many resources available. Trust funds, credit unions, councils, energy companies, the government, and charities all offer assistance. Budgeting can also help you afford your bills. Find out how to get emergency help here.

Creating a budget is the first step to managing your money and getting back on track. It helps you see where your money is going and makes it easier to cover all your expenses. Check out this article on budgeting.

Knowing your rights when dealing with bailiffs is important. They should write to you before coming to your home and there are rules about what they can and can’t do. Remember, not all debt collectors are bailiffs. Learn more about how debt collection works here.

If you can’t pay your rent, your landlord might try to evict you. And if you can’t pay your mortgage, your lender could consider repossessing your home. But you can avoid these situations by figuring out what you can afford to pay. Making a budget can help with this. Show your budget to your lender or landlord to prove you’re serious about paying as much as you can. Then, stick to your new payment plan.