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Most debt problems can be sorted out, usually by agreeing affordable payments with your Follow our step by step guide to dealing with your debt. Step 3: Choose your debt solution. This step looks at the different solutions for dealing with debts and how to engage with creditors. Accessing the guides. Many people owe money and sometimes may find it difficult to deal with their debts. What is best for you will depend on a number of factors, including your.

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you have more than 1 priority debt and you need help deciding which to deal with first. If you've got any of these, they're your priority debts: Rent arrears. Silver Point, Pimco Cook Up a Distressed Debt Deal That Has Rival Creditors Fuming. Rachel Butt, Eliza Ronalds-Hannon and Sridhar Natarajan, Bloomberg News. Learn how to assess your business's financial situation and where you can find finance or support if your business is struggling to deal with its debt.

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You need to be aware of all of your options when dealing with debt. For free, impartial advice, get in touch with StepChange, the UK's leading debt charity. Options for dealing with your debts. Find out what options are available if you cannot pay your debts. You'll be asked questions about. Your options depend on the amount of money and assets you have. Where you can get help. Speak to a debt adviser to get help choosing the best way to deal with.