10 steps to sorting out your debts

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Should you be getting advice now?

Some people put off getting money advice. If any of the statements below describe how you are right now, you should get help right now!

"I am too worried to open the letters"

"I can't tell my family or friends about my debts"

"I am tempted by all the adverts for consolidation loans"

"I don't seem to have enough money to buy the things we really need"

"My money worries are affecting my sleep"

When you can't juggle the bills and the weekly shop, it can be very tempting to put unopened bills in a drawer.

As tempting as it is, ignoring debts like this actually causes you more stress in the long run, and costs you more money as extra fees are added to your debt. It's usually far less frightening to grab the bull by the horns and deal with your debts. Even if you think it's hopeless, it rarely is. If the idea of trying to sort your debt out yourself makes you want to put the letters back in the draw, there are plenty of advice centres that can help you.

It is usually a good idea to consult a money advice expert at some point. They can tell you the best way to deal with people you owe, and help you make the most of your income, no matter how little you have. They will usually advise you how to deal with debt problems yourself, which is probably best in the long run. But in emergency or urgent situations, a money adviser might have to deal direct with the companies you owe, the bailiffs, or the courts.

If you have already been contacted by the bailiffs, don't panic - see our guide to Dealing with bailiffs.