I really am stuck. Can I get a payment break?

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Phat_Mylo
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by Phat_Mylo » Sat May 27, 2017 10:46 am
I have hit a wall.. have paid my full payments for 2 years no issue. Now I have a serious issue. Car timing belt has went and a few other issues. I need car for work. One month payment break would completely sort me out but without it I am all sorts of not going to be able to pay bills.

Can they give me this? Will it go to creditor vote?
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kallis3
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by kallis3 » Sat May 27, 2017 11:03 am
Hi,

Sorry to hear of your problems - you should be able to have a payment break without it going to creditors - give them a call next week.
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Phat_Mylo
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by Phat_Mylo » Sat May 27, 2017 11:23 am
Thanks for getting g back :) well payment t due on Wednesday and they closed on monday. What does a payment break entail? Can they confirm it over the phone?
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kallis3
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by kallis3 » Sat May 27, 2017 11:29 am
I am sure they can - I had one for a boiler problem. All it means is that your payment will probably be tagged onto the end unless you can make it up over a few months.
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Phat_Mylo
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by Phat_Mylo » Sat May 27, 2017 12:06 pm
You have been very helpful . Thank you.. not as anxious now.. honestly money is the only worry I have in life... it's ridiculous.. there is more to life !!
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kallis3
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by kallis3 » Sat May 27, 2017 1:52 pm
We had one - just had to provide them with a price for your repairs preferably from your garage.
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Michael Peoples
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by Michael Peoples » Tue May 30, 2017 8:30 am
You can normally miss at least two payments without creditors needing to be contacted so a quick word with your IP should suffice. If your payment is made by direct debit it will have already been called but even so hopefully your IP can help.
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Lisa Thomas
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by Lisa Thomas » Tue May 30, 2017 8:47 am
Speak to your IP and if in doubt check the terms in your proposals and modifications to see how many payments you can miss without breaching the IVA.
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kallis3
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by kallis3 » Tue May 30, 2017 10:43 am
How have you got on?
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