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Is there a way on how to get out of debt fast?

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annalee08 | 09:38 Tue 15th Sep 2009 | Personal Finance
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What are the possible ways on how to get rid of debt fast.
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Pay extra each month.
depends what the debt is ??
sell some unecessary belongings to pay off debt.
Cut your living expenses to pay extra off debt.
I suppose it does depend on your situation, i you have property and equity and are able to remortgage to clear debt then it may work, but if you have a poor credit score you may struggle to find a good deal on a remortgage and put yourself in a worse situation. there are schemes that help you clear debt if you are unemployed, they are very strict and won;t work for many people but they wipe your debt after a short time. check it out on the directgov website.
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contact national debtline free advice i used them and they are fantastic
it depends on your debt. But if your debts are getting out of hand. Maybe you should seek professional help.There are debt solutions company that offer free services. You can ask them to help them to help you out with your debt.
If you want to know the company, check out http://www.totaldebtservices.com.

Good luck!
Go bankrupt...
Failing that, if that's a bit too drastic (!) -
contact the consumer credit service, Payplan, National Debtline or the CAB - all good.
Do NOT go through one of those debt management services who charge you for the service - all the reputable and genuine ones are free.

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