Being in Debt
a basic guide on dealing with Debt
WWW.FIGHTINGDEBT.CO.UK
The first stage is admiting that you are in debt.
As scary as this is, you are most certainly not the first person to get into debt and unfortunately will not be the last. No more throwing away letters or being afraid to answer your phone. This can be the hardest step and to do so means that you're taking responsibility for your debts.
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It is likely that you have not told family and friends of your situation, but people who care about you would notice that all is not well even if they do not know why. Try to talk to a friend or member of family because although there is a lot of help from websites and helplines, there is nothing better than support from someone who cares about you. This is not easy, but you might be surprised to find people will want to support you.
There are hundreds of debt agencies, some in-house collectors for banks and many independant. Their job is to get you to pay towards your debt. Whilst many do act in a proffessional manner, unfortunately some use unfair & unreasonable tactics to bully and scare you into paying an amount you cannot afford.
DO NOT PANIC. Easy to say, but when phone calls begin and threatening letters start coming, you need to be ahead of the game. I would never advise to ignore phone call or letter received, but being aware of what's available will help to deal with demands received.
You now need to look at your debts, work out how much you owe and how much you can reasonably afford to pay.
The pages in the IN DEBT tab provides can help with this but you can also ask for help from the Citizen's Advice Bureau or the National Debt Line if you are not happy at doing this by yourself.
You can contact me via the contact me page if you need some help with any details provided.
