Breathing Space Scheme
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.
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