When debt becomes unmanageable there has to be a solution to resolve money worries. If you feel you can’t afford your debt then the best option is to seek professional debt advice – there are always solutions which can help you.

You can call Debt Support Trust or complete our debt test below. Our telephone number is 0800 085 0226 and our charity advisors are available between 8am and 7pm Monday to Friday.

Money Worries: Debts Are Too Large

When debt problems become too severe it can be a worrying time. The debts which were once under control have become too expensive to service each month and you’re struggling to make ends meet. The good news is there are solutions which can help you in this situation.

The reason for your debt problems and being unable to afford your debt can vary, but usually the interest free period has ended, the amount of credit you have borrowed has grown too large or you’re income has dropped and it’s now impossible to pay your contractual obligations to your debt every month.

Whatever the reason, the problem will not resolve itself and debt help is required. There is help and support available.

Call Debt Support Trust on 0800 085 0226 for confidential money advice.

Can’t Afford to Pay Debts

When repaying debt each month is difficult it can feel like being trapped in a vicious cycle which you can’t break free from. There doesn’t seem to be an easy resolution. Friends and family may not be aware of the problems you face, but Debt Support Trust or another charity could help you in confidence.

Some of the debt resolution plans you may wish to consider are:

Token Payments: If you’re financial problems are short term, or if you’re searching for employment, then you could consider making token payments to your debt. This requires your creditors to agree to your proposal but we can help you with this. You pay one monthly amount until the situation improves. This can be as little as £1 per week.

Debt Management: An informal route to resolve the debts you can’t afford would be the debt management route. This option only exists if you can afford £100 per month. You can get a free debt management plan and not pay any fees through Debt Support Trust. You repay all the debt, but in a manageable way.

IVA: A formal debt solution which guarantees to freeze interest and charges over the typically 5 year debt solution, should the creditors agree. You pay what you can reasonably afford and any debt which isn’t repaid is written off at the end of the IVA.

Trust Deed: A Scottish formal debt solution lasting 4 years. You pay one monthly payment, along with equity from any assets and any remaining debt is written off at the end. Interest and charges are frozen in the Trust Deed.

Bankruptcy: There are various routes to go bankrupt. You will be asked to contribute money to your bankruptcy every month, for 3 years, if the insolvency specialist believes you can afford it. Assets in bankruptcy will be valued and sold if there is realisable equity.

For advice which is specific to you it’s best to call our advice line or take our debt analyser for an idea on which debt solution you could enter. You can get more information about each of these debt solutions on our “how we can help” section.


With every debt solution you should be aware it could affect your credit file but it would resolve the money problems you’re encountering and make payments more affordable.