Breathing Space Scheme
One Breathing Space per annum
Through the standard Breathing Space scheme you can only apply for its temporary protection once a year, this means that the timing of your application needs to be carefully considered with the help of an experienced debt adviser. It is therefore important to work with your debt adviser to progress a debt strategy before the hold period of 60 days ends. The Breathing Space scheme should not be advised to you as a default option when you engage in debt advice, an application needs to be appropriately timed.
Are you eligible?
How does it work?
How does the Breathing Space help me?
Give me some examples
Will it affect my credit score?
Breathing Space Register (not public)
Your name and address will be placed on a Breathing Space register. Not everyone is able to view the register. Only creditors who have a debt included in your Breathing Space will be able to access the register and they can only see the debt information relating to them.
If you are a person at risk of violence, it is possible to withhold your address from the register, your debt adviser can advise and help you with this.
Can I leave some of my credit lines out?
Which debts can I include?
Which debts are excluded?
What if I miss a debt off?
Court Procedures during a Breathing Space
Attachment of Earnings Orders
Paying ongoing liabilities
You must continue to make payments to ongoing liabilities, such as your contractual rent or mortgage. You do not need to pay your arrears but if you can afford to, it might be in your best longer term interests to keep paying priority arrears.