I have a lot of debts that it is impossible to pay them off if current market conditions continue. What should I do?

Question

Be patient, and strive to free yourself from the situation you are in by seeking permissible ways of earning money. Reduce your spending on yourself, and remember that your creditors are more entitled to anything that is surplus to your basic needs. Do not be heedless about the matter of debt, and do not be extravagant in your spending. Do not let despair cause you to forget it or to fall short in looking for a way out.