what should we do when we are heavily in debt? At this time, the first thing to do is to sort out the situation of our liabilities, so as to understand the severity of our liabilities, and thus formulate appropriate treatment plans. According to the different debt structures, our liabilities can be divided into the following two categories.

1. If the debt is not overdue, this situation can be divided into the following three points:

1. At present, my income can support full monthly repayment except living expenses;

2. At present, apart from living expenses, my income can support the minimum monthly repayment;

3. at present, my income can't fully support the minimum repayment every month after removing the living expenses.

2. The debt has been overdue, and this situation can be divided into the following two points:

1. At present, the debt has not been overdue;

2. At present, my debts have completely collapsed.

The above arrangement and combination cover the situation of all our debtors. Let's take a seat by ourselves first and clearly know what kind of situation we are in, so no matter what kind of situation you are, we should follow the following points when dealing with debts:

1. First, sort out the composition of all our liabilities. Here we need to have a clear understanding of our debts and make a detailed list of our debts. For example, your debt is a credit card? Or online loan? Or personal? Then sort out how much credit cards owe, how much each platform of online loans owes, and how much private loans owe? How much credit card do you have? How much is the fixed amount? What is the repayment date and amount of each platform? In addition, you need to know what your monthly income is. Only by knowing your income and repayment amount clearly can you make a reasonable plan for your debt.

2 second, make plans according to the detailed list we have compiled above. It depends on whether your monthly income can support the monthly repayment. If so, it proves that your current situation is good. If your income cannot support the repayment, it will be more troublesome. At this time, you can only choose to give priority to some debts according to your own situation.

3 thirdly, when your monthly income can't cover all your repayments, you can only make one choice at this time, that is, give priority to some of them, and the other part can only be overdue. So what are the principles of handling, which should be dealt with first and which should be dealt with later? Listen to me in detail. According to the priority, it is processed in the following order: credit cards with an amount greater than 5W >; Credit card with amount less than 5W >: Online loan platform for credit reporting > Online loan platform without credit information. In addition, it should be noted that when you deal with these debts in sequence, you must confirm with the customer service whether the money returned is deducted from the principal or interest. If you don't understand, make it clear before you pay back, otherwise all the money you put in will be deducted from the interest and penalty interest, and you will never be able to pay it back.

4 fourthly, strive to make money by increasing revenue and reducing expenditure. In the process of dealing with debts, we must increase revenue and reduce expenditure. Only by making more money can you pay off your debts. If one job fails, you can find two jobs. Therefore, our top priority is to make money hard, either in making money or on the way to making money. In addition, in terms of living expenses, everything is simple, and it is best to make notes on income and expenditure, write down every expenditure, and make a resumption at the end of each month. I hope everyone can make a correct plan and management of their debts and go ashore as soon as possible.