Warnings

It is important to maintain your household bills, such as rent, Council Tax, water bills etc, as well as any arrangements that you currently have set up with the court via County Court Judgement (CCJ), the court or a bailiff. It is important to maintain these payments until advised otherwise. By cancelling these payments, you may be at risk of putting yourself in a worse position. 

Failure to pay your taxes, any fines, child support and debts could result in loss of access to essential goods and services or repossession of, or eviction from your home. 

Failure to maintain current repayments under any credit agreements or consumer hire agreements may result in your accounts entering into arrears and/or become subject to additional default charges being applied and could lead to the creditor taking action. 

Ignoring correspondence from creditors could also lead to accounts falling into arrears and additional charges.

If you have ignored correspondence of failed to maintain current repayments, the action to recover the debts may have commenced. This may increase costs in the form of additional charges for pursuit and recovery.

By entering into Debt Management Plan or alternative ‘informal’ and ‘non-statutory’ repayment plans, there is no guarantee that any current recovery or legal action will be suspended or withdrawn.