Welcome to Get Out of Debt UK

The goal of the site is simple, to provide you with free help, advice, and guidance for all of your UK debt questions. We do not sell any programs or services, just give away advice. You can click here to ask for free advice. The advisors here are volunteering their time to answer questions. The site is not funded by big money so please excuse the simple appearance.

The site may have ads on it, and that would be the only funding we receive if someone clicks on an ad. We do not select those ads or have any control over what ads you see. Google does that based on your surfing history or some other magical formula beyond our control.

Latest Posts

• Let’s Talk Retirement And Finances
  Lately I have been watching on catch-up, repeats, or encore performances of a TV show entitled “Still Game”. The show is a comedy, set in Scotland near Glasgow, and is about two pensioners and the antics they get up to in their old age. It is a very funny series, and if you watch too […]
• How Do I Go Bankrupt?
  Question I want to go bankrupt, but I do not know how to do this or what happens? Rog Answer Hi Rog, Without more information, it is difficult to advise if bankruptcy is your best option. Bankruptcy is a form of insolvency, and does affect your credit, just as all forms of insolvency can. However […]
• Have You Tried To Buy or Even Hire a Car Lately? The Spike In Prices!
  The Covid pandemic and subsequent lockdowns has and is still causing a lot of disruptions. We had people on furlough from work, many working from home, stores closed, jobs now lost, and now even out of lock down there are supply chain issues, and of course the number of those sick and dead. It is […]
• How Do I Tell My Bank I Do Not Want To Pay My Credit Card?
  Question Hello, I am self employed, didn’t qualify for the covid grants and got kicked off universal credit after 10 months for daring to help my family in Portugal with their homestead for over a month. As a result I have a credit card debt that I do not want to pay back. How do […]
• I Need Some Advice On How To Handle My Debts Now That I Am Redundant.
  Question Jon, I have £20,000 of debt from a few credit cards, and some consolidation loans. I tried to consolidate the credit card debt on 2 occasions but I just kept using the cards. I was on furlough due to the virus, but have now been made redundant. There are jobs to be had, but […]
• Travelling Costs Are Now Up And Down
  Talk about speaking out of both sides of your mouth, but the above statement is true. As of October 4th of this year, the UK changed their complex travel system, from green, amber, and red, to just green and red. Red countries have harsher travel restrictions, some restricted entirely. The United States have stated that […]
• Should I Get a Government Grant To Install a Heat Pump?
  The government here in the UK has this great idea of moving all of us from natural gas boilers to heat our homes to more fuel efficient heat pumps by 2035. So in about 13 years. Natural gas or other types of gas boilers, provide heat and hot water for millions of homes here in […]
• Buy Now, Pay Later…But Pay Now!
  I have written and also discussed with people the whole “buy now, pay later” culture as we say. Credit is credit, and it has been around for years, and this form of credit is not really anything new. You order items online, and then instead of paying for them at the moment of the purchase […]
• My Partner Died What Do I Do?
  Question Jon, My partner of 20 years recently died and we had several credit cards, and a loan together, in addition to the mortgage on our home. We re-mortgaged the house 5 years ago to do repairs and upgrades which were sorely needed. I am lost as to what to do now with these accounts? […]
• Insuring And Protecting Oneself From Debt
  There are many ways we can “find” ourselves in debt. It may be through over-extending ourselves by taking out too much credit, losing one’s job and not being able to afford to repay the debt we have, there are many ways to wake up and realise, we are in debt. There are also catastrophic events […]
• The Domino Effect Of a Business Going Bust
  Recently in the news were the stories of various energy companies going bust, or out of business. This was due to rising wholesale costs, and a cap on what the energy companies could charge; so they lost money and went bust. If you take a moment and think back on all the stores and companies […]
• My Business Is In Administration What Are My Options As Guarantor?
  Question Hello, I owe £35,000 to various suppliers, credit cards, and business loans, all of which I guaranteed for my company. The company has been placed into Administration as while we are still trading, we cannot afford the debts we have. I am thinking bankruptcy may be my only option here. However, I still need […]
• Why Do I Have To Give My Ex Half Of My House?
  Question Hi Jon, I have a very specific question and situation I hope you can advise me on. I married my husband 11 years ago and he moved into my home. I bought the house 3 years before we were married and he moved in. I had a 10 year mortgage in just my name. […]
• Setting Up A Household Budget and What Are Priority Bills
  Many of us have household budgets, which we live by allowing us, or showing us what we can spend each month. Some people use elaborate mobile apps or spreadsheets or programs to set-up these budgets. But the reality is a budget sets itself up, once you know your priority bills and debts, and go from […]
• Building And Construction Firms Going Bust
  I have been seeing, and writing a lot lately about companies going bust, in part because it is what I am reading and seeing happen. Especially in my city of all places. And how do I know this? You watch a company demolish an existing building and begin to build a new one; be it […]
• What Is a Phoenix Company?
  And out of the ashes I will arise, like a Phoenix, born again, anew! For those who may not know what a Phoenix is, it is a mythological bird that is immortal. The bird regenerates itself, and rise out of a fire or ashes to be reborn. Interesting myth. So what is a Phoenix company […]
• My Husband Died How Do I Handle His Finances?
  Question Hi, I’m 55 years old & just lost my husband very suddenly (May 2021). I have a lot of finances to sort out & was wanting some advice & help if this is possible? Thank you If I could start with these questions please, I need help to cancel credit cards & council tax […]
• A Trader Did Shoddy Work And I Do Not Want To Pay For It.
  Question Jon I hope you can help me here. I bought new windows for my home and also had a conservatory added on. The trader who did the work put me in contact with a finance company who granted me the loan to have the work done. I signed all the papers, and the money […]
• What is Beneficial Interest?
  Do I Need to be Concerned if My Partner Goes Bankrupt and We Live Together in My Property? Beneficial interest is something that you may hear or read about, and usually comes up as an outcome of something like a relationship ending, or in some instances, someone goes bankrupt. In contractual terms it has a […]
• Your Health Is Your Wealth
  I am sure many of you have heard or read this “adage” over the years. And what it states is simple and true. Recently I have been speaking with people who are facing an illness, some terminal, and are concerned about how they can continue to pay the bills and debts they owe. I have […]