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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

New course designed to help people with debt problems

06/08/2009

People experiencing debt problems are being offered the chance to participate in a course designed to help consumers deal with the stress of financial difficulties.

Run by Avon and Wiltshire Mental Health Partnership (AWP) and Swindon Citizens Advice Bureau, the course aims to provide assistance to those facing psychological problems associated with living with debt and redundancy.

Deputy-head of AWP`s primary care psychology service in Swindon Annette Law commented: "Since the credit crunch hit, we have seen an increase in the number of people accessing our services as they are finding it hard to cope with job loss and debt."

She added that one of the most significant benefits of the course is that it helps people in similar situations come together, reducing their feelings of isolation.

The courses last for six hours and run over a day or two three-hour evening sessions.

According to R3 president Peter Sargent, a wide variety of people - including solicitors, pub landlords and teachers - have been affected by debt problems as a result of the recession, the Times reported.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according