Breathing space is a 60 days' protection from creditor action on some debts through the government-backed scheme.
Breathing space isn’t a debt solution, but it will:
· pause most recovery action and contact from creditors on debts that qualify for the scheme
· freeze interest and charges on qualifying debts
· give you and your client time to explore debt solutions
Afraid Not. You cannot own any assets if you’re looking at applying for a DRO. Read more out the Eligibility Criteria for a DRO.
You can still apply for up to £500 ‘credit’ without having to inform the creditor of your DRO.
Not completely. You have signed an agreement with your mortgage provider to make regular payments to clear the outstanding balance by the end of the agreed term. Their main concern is having the money repaid. Your mortgage could be at risk if you miss payments and prioritise other bills.
when a local authority uses bailiffs, and there are either no goods or not enough goods to pay the council tax debt, the local authority can apply to the magistrates' court for a warrant committing the client to prison. However, in most cases, this would be more likely if you’re deliberately not paying for Council Tax.
Yes. You would need to provide evidence of your Mental Health in the form of a Doctor’s Note, a Disability Benefit Letter, for a Council Tax bill showing the adults in your home.
Send the bailiffs copies, not your originals. You wouldn’t want to risk the information being lost.
No. Priority debts that can cause you particularly serious problems if you don't do anything about them. For example, disconnection or loss of home.
Unless your Vanquis Bank loan is secured against your property, it would not be classified as a Priority Debt.
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