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National Debtline

Advice you can trust

Debt topics


Finding the information you need


On this page we have created specific topic areas to help you to find the information you need. There are links to further information about each topic.


     

Debt topics

Finding the information you need

On this page we have created specific topic areas to help you to find the information you need. There are links to further information about each topic.

      Debt advice - woman on a bench

Bailiff action

  • For some debts, creditors may use bailiffs to try to take control of your goods to get you to pay what you owe.
  • Find out how creditors can do this and learn more about bailiffs' powers.

 

Bankruptcy

  • Bankruptcy ends liability for most debts and can give you a fresh start.
  • There are important advantages and disadvantages that you need to consider before deciding to go bankrupt.
  • Always get debt advice from us before deciding whether to apply for bankruptcy.

Business debts

Court action

  • Creditors may take court action against you if you do not pay what you owe.

  • Different creditors may use different procedures and courts to try to recover their money.
  • Use this section to learn more about different types of court action and what you can do to try to prevent it from happening.

Debt relief orders

  • If you have very little spare income and few assets, a debt relief order (DRO) may be a good option.
  • A DRO can give you a fresh start and stop creditors chasing you for payment.
  • Always get debt advice from us before deciding whether to apply for a DRO.

Debt types

  • You may owe money to a number of different organisations. We refer to these organisations as 'creditors'.

  • Different types of creditor have different ways of getting their money back from you.

  • Think carefully about how to deal with each type of creditor. Use the information on this website to help you.

What is an IVA?

  • An individual voluntary arrangement (IVA) is a legal agreement between you and your creditors to pay part of what you owe.

  • An IVA can stop creditors taking action and give you a fresh start, but you usually need some spare money or assets to offer.
  • Always get debt advice from us before deciding whether to apply for an IVA.

10 ways to clear your debt

  • There are different ways to deal with your debts.

  • Whatever your situation, there is usually an option that is suitable for you.

  • Use this section to get more advice about the options that may be appropriate in your situation.

 

Credit reference agencies

  • Credit reference agencies hold information about your credit agreements, other debts and your payment history.
  • The information a credit reference agency holds about you is known as your credit report.

Dealing with creditors

  • Different creditors have different powers to get their money back from you. Some have stronger powers than others.
  • It is important to learn more about creditors' powers so you can choose the best option to deal with your debts.

Debts and living outside the UK

  • If you have built up debts in the UK but now live in another country, we can still advise you about dealing with your debts.
  • There may be a number of different options available.
  • It is important that you get advice about each option before choosing which one to take.