I presume from this you are in a DMP or IVA already ? Have you spoken to your IP for support or guidance in this case......they may be able to offer a reduction in your payments until things are sorted job wise.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
If it's just ordinary payments you are talkin about, you need to speak to an Insolvency Practitioner as soon as possible and take some advice from them.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Your IP ought to be able to request a break in payments until you can find alternative employment. Given today's economic climate, I would ask for 12 months, clearly to be reduced if work is found in the meantime. Were you be entitled to any redundancy money?
