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What are my options for dealing with debt?

We know that debt can cause a lot of stress and impact on your mental health, but there are always options for dealing with it.

Within this section

  1. Priority and non-priority debts

  2. Bank accounts and debt

  3. Drawing up a budget sheet

  4. Negotiating reduced payments to your debts

  5. Free Debt Management Plans

  6. Debt Arrangement Scheme

  7. Bankruptcy

  8. Trust Deeds

  9. Formal bankruptcy or a ‘sequestration’

  10. Write Offs

  11. Will I be 'blacklisted'?

  12. What can creditors do if I don't pay?

  13. Should I tell creditors about my mental health?

  14. Getting help from a specialist adviser

  15. What to know about loan sharks

    If you're struggling financially, it's important to know how to spot a loan shark and what to do if you have borrowed money from one. We share everything you need to know.

  16. Next steps

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Priority and non-priority debts
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