There are many types of debts and if you are trying to pay different creditors it is important to understand the priority of each. This can make it harder to figure out the best method of dealing with your situation.

In this section we talk through the debts we hear about from our clients every day.

  Business debts:  Information of the support available to you if you are self-employed or own a small business

  Consumer Credit: The most common debts have been covered by the Consumer Credit Act

  Contract debt:  We can help with the relevant information to see if you have entered into a fixed contract

  Court debts and fines:  Court fines for criminal offences are one of the most important debts to pay off.

  Debts to other people:  Guide you if you have borrowed from family, friends or a loan shark.

  Government debts:  Information on how you can manage with council tax debts, CSA and HMRC.

  Housing debts:  Practical information on handling rent or mortgage arrears and avoiding repossession

  Joint debts:  Taking out debts in a joint name will affect both of you

  Payday loan debt:  These short-term loans are expensive and can get out of control quickly.

  Student loan debt:  Repaying your student finance can be a burden financially.