Can debt actually be written off?
Some of what you owe can be cleared through formal routes — here's when that genuinely happens and when it doesn't.
The short answer
Yes, but only through specific formal routes and only for qualifying debts. An IVA, Trust Deed, Debt Relief Order, bankruptcy or sequestration can end with a remaining balance being written off. Informal arrangements like a Debt Management Plan do not write anything off — you repay in full, just more slowly.
What usually cannot be written off
Court fines, most student loans, child maintenance arrears, secured borrowing such as a mortgage, and debts built up through fraud generally survive every route. Recent borrowing can also be challenged.
What it costs you
Every write-off route leaves a mark. Expect six years on your credit file, a public register entry for formal insolvency, and fees deducted from your payments. That trade can still be the right one — it just needs to be a decision, not a surprise.
Want to know which routes are open to you?
Four questions and a shortlist. No calls unless you ask for one.
Check my optionsMay not be suitable in all circumstances. Fees apply and your credit rating may be affected. Arcadia is an information service — always consider free, independent advice before deciding.