Debt adjustment

‍Debt adjustment is the means of last resort for restructuring your debts. Before resorting to debt adjustment, you must have exhausted all other possible means to resolve your situation.

Debt adjustment is applied for in a district court. If debt adjustment is granted, a payment scheme will be drawn up for you. The duration of a payment scheme is usually 3–5 years. If you retain your owner-occupied home during the debt adjustment, the duration of the payment scheme may be longer.

All debts and unpaid bills will be included in the debt adjustment, and any individual debts cannot be excluded from it. Debt adjustment also covers debts being collected by a private person.

Provisions on debt adjustment are laid down in the Act on the Adjustment of the Debts of a Private Individual (in Finnish)

You can find more information about debt adjustment on the left-hand side of the page. If you are using a mobile device, you will find the information under the menu in the top right corner of the page.

Published 2.12.2020