Brits who are struggling with debts can apply for a 60-day “breathing space” period through a new scheme launching next week.
During this time, borrowers will be protected against prosecution, debt collectors and bailiffs while they seek long-term money help.
Creditors will also not be able to add interest or other charges to your debt while you're being helped. Debts that will be covered through the scheme include credit cards, personal loans, overdrafts, utility bills and mortgage and rent arrears.
To receive the help, you must agree to work with professional debt advisers to help you find a long-term solution to clear what you owe.
Read more on mirror.co.uk