about Debt

about DebtCategory: Financeabout Debt
Najmeen asked 5 years ago

Salam brother
i live in the U.K. And basically over the years my husband has ended up in so much debt with people and credit cards and bank loans that it became impossible to pay credit cards and loans back due to interest etc.. he worked so hard to pay back but debts were never going down to the point of struggling so much.
there is a government scheme in this country where they check ur income and allow you to pay the creditors back at an affordable amount then after 5yrs of payment the write off 75% of debt. Is it permissible islamically to enter this agreement. And if so once his debts are written off and in some point of his life he comes to be financially well off-will he need to pay back what’s been written off?