Breathing Space Scheme

Financial Advisers

About Business

Breathing space will protect debtor’s formany enforcement action from creditors
Creditors cannot make any repayment demands during Breathing space
During this period the debtors can consult with debt advisors to explore their options
For people suffering from mental health and receiving treatment from the NHS, the Breathing space scheme will continue until the end of their treatment.
During the Breathing space scheme period any interest or charges will be frozen while they get new debt solution in place.