If you have a debt, this means you owe money to people or organisations.
The people or organisations you owe money to are called Creditors.
There are different types of debts called priority and non-priority debts.
Priority debts: Some debts need to be dealt with as soon as possible, for example if you are in immediate danger of losing your home, having your gas, electricity or water cut off, or losing things you depend on like your car. These debts are priority debts because you will lose something if you do not pay them, or the creditors may have greater powers to take the money that you owe to them.
Non-priority debts: These are all other types of debts left over after your priority debts have been dealt with. They include credit card debts, overdrafts, water debts, and money owed to family and friends.