Debt and Money Advice

With an increasing number of people feeling the effects of limited budgets it is important that those that need debt and money advice know exactly where to turn to.

Debt problems affect everyone regardless of income. Speaking with someone sooner rather than later may help you manage your situation and, in some cases, prevent you from losing your home.

Debt can quickly spiral out of control, having a major impact on people, their lives, homes, relationships and health.

Important
 
It is important that you prioritise your rent or mortgage payments to prevent the risk of eviction. Rent and mortgage payments are considered priority debts and non-payment of these may result in you losing your home.
 
People in serious debt are often desperate to find a solution and companies can profit from this by offering solutions for a fee and/or very high interest rates.  It is very important to seek impartial advice from organisations that offer the best advice for you free of charge.

There are a number of specialist debt agencies that provide free advice. We have provided a number of website addresses where you can access free information and speak to a specialist debt adviser to help you with your problem.
 
This advice and help may include:

• Assisting you to work out your income and expenditure and budgeting advice
• Advice on how to maximise your income
• Help to deal with priority debts such as rent, mortgage and council tax arrears 
• Help to negotiate with other creditors and debt collection companies
• Help with utility arrears
• Advice on hire purchase and conditional sale agreements
• Advice on insolvency options such as Debt Relief Orders and Bankrupcy

For more information please go to:
 
www.myadvicegateway.org
 
www.nationaldebtline.co.uk
                         
www.stepchange.org
                                  
www.moneyadviceservice.org.uk
     
www.payplan.com
                                        
www.adviceguide.org.uk/england
 
http://england.shelter.org.uk