DEBT HIGHLIGHTS

Most debts expire after three years if no payments have been made and the creditor has not demanded payment. But there are conditions attached.

OPINION: The first, and toughest step, is to swallow your pride and admit that you're in trouble.

OPINION: If you're not paying off your credit card in full each month, you're using credit in the worst possible way – to buy consumables.

One of the most widely bought insurance products is one of the least understood.