James Ketchell, a spokesperson for the body, also said that consumers should map out how they intend to pay off debts and follow the plan closely.
"The most important thing, really, is to set oneself a timetable for repaying any credit card or store card debt that people have gained over the Christmas period," he explained.
"But then, if you're having trouble dealing with that then the best thing to do would be to seek independent advice from an organisation such as ours."
Mr Ketchell's comments have come after research by chartered accountancy firm Grant Thornton found that 10,000 people a month are likely to become insolvent in 2008.
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