There are many others who are in a similar situation as you are in, so do not think you are in debt alone. Dealing with debts can become frustrating and stressful, that is why there are companies created to help lead you towards a solution to a debt and worry free future. A couple companies that may help are the Debt Management Programme and the Individual Voluntary Arrangements (IVA). The Debt Management Programme reduces your payments to your creditors. As where the IVA creates a leagal contract with the creditors, and helps avoid the risk of bankruptcy.