Nearly everyone will be familiar with the work of the Citizens Advice Bureau. It is a good place to start for citizens debt advice and there are branches in nearly every town and city in the UK.

Bankruptcy in the UK is at record levels. According to the Insolvency Service almost 135,000 people in England and Wales were declared insolvent in 2009, a figure well above the previous 2006 high of just over 105,000.

Have you heard of IVAs? Individual Voluntary Arrangements? Plenty of people have. More and more people with debt worries are now seeking IVA advice and they are becoming an increasingly popular alternative to bankruptcy.

Debt consolidation and debt consolidation loans, often in the form of a credit card debt consolidation loan can offer extremely worthwhile debt solutions for anyone who’s experiencing debt problems on a number of different fronts. They can be especially beneficial if you want to avoid bankruptcy.

Debt management isn’t just a fancy way of borrowing from Peter to pay Paul or taking out an even larger loan to settle money owed.

Have you been struggling with your finances over recent weeks, recent months and now wonder where to turn and what to do next?

Have you found yourself in the position where every week or every month the cash coming in simply refuses to add up to the cash going out? Feel like you could do with some debt advice? You’re not alone.

The UK’s 4th Quarter insolvency figures were released last week and on the whole make for grim reading. The recession has clearly had and is continuing to have a deep and sustained impact, especially upon individuals, with no obvious end to the trauma in sight.

These days it's not difficult to run into problems with debt. We're surrounded with growing unemployment, lack of consolidation loan solutions and the likelihood of increased interest rates in the near furture.