If you’re struggling to manage your debt repayments, there are organisations that can help.

But it’s usually best to use one that is  recommended by the government and offers its services free of charge.

They can help you to prioritise your outgoings with a Debt Management Payment Plan.

Or they might suggest a Debt Relief Order (DRO) or an Individual Voluntary Arrangement (IVA). 

And in May 2021, new legislation came into force. The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) can require unsecured lenders to put arrears processes on hold, so that you have time to find a long term solution to your difficulties. 

The IVA and DRO options might not suit you because they can have significant downsides. 

But if they are suited to your circumstances, they offer you the chance to have some or all of your debts written off, without having to apply for bankruptcy.