Unfortunately unpaid debts become more and more and they will not go away unless the problem has been addressed.
One of the best solutions is debt consolidation.
This means that you will be calculating all the amounts you owe various companies, and will then take a loan to pay them all off.
You will have to shop around for a loan that will be suitable for this purpose.
There are various loans you can take such as the personal loan.
If you are a home owner you could make use of the home equity loan or if the debts added up to a large amount you could take a second mortgage on your home.
Both these loans are secured against the home.
It is not the best idea to change unsecured debts for a secured loan.
In many cases though, the lenders will prefer you to have a secured loan as this minimizes their risk of loss if you did not pay off the loan in full.
You are now adding risk to your situation.
This loan will be secured against your home and should you get into financial difficulty and could not pay the loan off completely you could lose your home to the bank or money lending agency.
There are banks and money lenders that will give you an unsecured loan but you will find your self paying a higher rate of interest.
The fact that you now have a bad credit record will also count against you.