There are many options when you are facing a difficult period, those options being : seeking the help of an expert, sitting down and analyzing your situation yourself & making a plan to resolve your problems, etc.
Evaluate Your Financial Situation
The first thing you want to do is analyze your situation. Make a list of all of your debts, calculate how much money your household is bringing in and review your budget. Asking for your credit report is also a good way to start as you will know exactly what you are starting with. If it looks promising and you can go to the next step, great ! If not, calling an expert in insolvency might be a good call.
Make A Game Plan
In this step, you want make a plan. Determine what type of debts you have, decide which one should be paid first, choose the timeframes they should be paid within, contact your creditors to see if you can work arrangements, consider consolidation, etc. Once that plan is done you will be able to analyze and determine if it is feasible or if you should, again, seek the help of a Licensed Insolvency Trustee. If you think the budget seems reasonable, it is time to go to the next step.
Execute Your Plan
This step is self explanatory. You will execute your plan as well as monitoring it. If your debts are decreasing and you're seeing the light at the end of the tunnel, you're on the right path. If the road you are trudging seems all uphill, we are here for you and will gladly help you find a solution to that financial crisis.