Where to go for financial advice post iva

[lulu27]

I completed my IVA in October 2012 and I am relieved it is over and I am using the lessons I learnt to help me especially with savings.

I am after some advice on how best to approach a period of financially difficulty.

I am pregnant with our first child which is due in August I am the major wage earner in our household and when I am on SMP I will be £1300 per month worse off.

I am considering approaching our mortgage lender to ask for a payment holiday but with our finiancial past I am concerned that they will turn me down. I am even considering a loan just to help us but I don't know if that is even an option.

I know post iva most people don't want to borrow money and I didn't think I would but I can't see how to manage during maternity.

I am already planning on sharing my leave with my husband as I know we can't afford for me to stay home for all of it. But as a first time mum I really want to be at home for the first 6 months.

Any advice on people who may be able to help would be gratefully received.

My mortgage is with Bank of Scotland

Thanks

[ClareSilver]

Are you on a repayment mortgage or interest only?

[Shining]

Maybe one of our posters has some ideas for you. A mortgatge reduction or break may get you through this period.

All the best with the forthcoming new arrival and hope your money concerns are deal with positively.

[Foggy]

Don't forget to check out things like Tax Credits you might be entitled to.