A great first step is to realise you have a problem and to ask for help. It’s important to know you don’t need to face this alone. You can contact them for help.
In the meantime, here are four steps you can take to get started:
- Work out how much you owe: Make a list of whom you owe money to and add up how much you need to pay each month.
- Prioritise your debts: Your rent or mortgage, energy and council tax are called priority debts as there can be serious consequences if you don’t pay them. Separate these and work out how much you owe. You can ask companies or the council what support might be available during the pandemic.
- Work out how much you can pay: Create a budget by adding up your essential living costs and taking these away from your income. Any money you have spare can be put towards your debts, starting with priority debts. If you have money left after paying priority debts, but not enough to make your usual payments on other debts, consider getting advice or contact your creditors and offer them what you can afford to pay.
- If you can’t pay your debts: Seek advice from Citizens Advice straight away if you can’t pay priority debts. If you’re struggling to pay for basics like food, see what support might be available.
You can contact Citizens Advice Sherwood and Newark for information and advice:
- General advice on 0800 144 88 48 or Textphone 18001 0800 144 8 444, Monday to Friday from 10.00am to 4.00pm.
- The local office number on 01623 861769, where you may be offered a call back.
- Chat online to an advisor at www.citizensadvice.org.uk/contact-us.
- Email firstname.lastname@example.org.