The Money Planner with Warren Shute

Episode 086: Struggling with your debts? get some breathing space with the new debt help scheme


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If your debts have become overwhelming and you don’t know where to turn, help is at hand. This month the government launched a new initiative called “Breathing Space”. The scheme has been designed to allow people struggling with debt to take 60 days as a breather.
What does this mean in reality? Well once a Breathing Space application has been successfully made, your creditors are unable to add any interest, penalties or charges to your account, or file any court orders or instruct any bailiffs, for a 60-day period.
Listen to this podcast to discover more.
To speak to someone to help with your debts visit: https://www.stepchange.org/
For more useful articles and help with financial planning visit:
https://warrenshute.com/
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The Money Planner with Warren ShuteBy Warren Shute