Speak to you priority creditors about your debt problems.

Get in touch with your most important creditors and try and re-negotiate your monthly repayments

By most important we mean those to whom non-payment is most serious, eg your mortgage or those charging you most interest.

The sooner you ask for help once you find you are having difficulties, the better for you.

A common problem we find is that creditors are only aware of a problem once accounts are in arrears. If you know you are not going to miss payments, or are not going to be able to catch up with arrears any time sooner, speak up.

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