Breathing Space

Breathing space, also known as the Debt Respite scheme is now available. The scheme provides legal protection to protect people, who are struggling with their debts, from their creditors. 

What is breathing space?

For anyone with problem debt.

Legal protections against the actions of creditors for upto 60 days.

Protections will put a halt to enforcement action, creditor contact, and they put a freeze on most interest and charges on their debt.

The 5 main points


There is a lot of governmental information that relates to the breathing space scheme. 

▪ It is a NEW government approved scheme

▪ It comes into operation on MAY 4

▪ It offers temporary legal protection against CREDITORS  

▪ It puts a temporary freeze on most INTERESTS and CHARGES on your debt

▪ Legal protections are in place for 60 DAYS

How Can I Apply?

Tell us you want to apply

You confirm that you want to apply for Breathing Space, and we’ll let you know which of your debts can be included.

We’ll submit your application.

Your application will be sent to the insolvency service who will process your Breathing Space.

Your Breathing Space starts.

Once you’re registered with the scheme, your creditors will be contacted within a few days.

While you’re on Breathing Space

You’ll need to continue making payments toward your debts, as the scheme is not a payment holiday.


Debts included in Breathing Space:

Credit Cards

Store Cards

Personal Loans

Mortgage Arrears

Payday Loans


Utility Bill Arrears

Council Tax

Contacting your creditors

It’s important that you contact each one of your creditors and let them know that you’ve taken advice from a debt advice organisation. You can let them know over the phone, by email or letter, or in person. Of course, it is likely that your creditor will request proof that you are trying to sort out your debt problem.

You will find that a lot of creditors want to cooperate with you and help you solve your debt problems. Having a breathing space can give you time to contact a debt advice service; this is very important for the person in debt and it will generally make the creditor’s job easier.

On top of this, creditors are also required to allow you breathing space as it is included in the industry codes of practice; this is a code that almost all UK lenders and debt collectors must follow.


Will breathing space affect my credit file?

If you’re given a period of breathing space to help you deal with your debt, any payment that you miss may be recorded on your personal credit file. Because of the impact on your credit file, this might make it harder for you to obtain credit in the future.

“I wouldn't hesitate to use them again. They are always at the end of a text or phone call . They were very informative throughout the process and extremely helpful”

LindsayFirst Class


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* If you are considering the option of bankruptcy, there are a number of factors that would need to be considered. The implications of bankruptcy may vary depending on your personal situation. Our specialist advisors will be able to determine these factors and the advice they provide you would be based upon the information you provide. If the information provided is not true to your situation the advice you receive may not be accurate

Money Support Group specialise in providing debt advice tailored to the needs of each customer, based on their individual financial circumstances. We do not charge a fee for our advice or directly provide debt solution products; we offer our customers no-obligation referrals to trusted providers of appropriate debt solutions and (as a commercial firm) receive a referral fee from debt solution providers for any successful customer referrals.

Some debt solutions involve fees to you – these fees will always be explained to you and confirmed in writing by your chosen solution provider before you decide to take up their service and before any solution agreements are signed.

Money Advice Service offers you access to free, impartial and independent sources of debt advice.

Money Support Group are an Appointed Representative of Two Financial Services Limited, who are authorised and regulated by the Financial Conduct Authority under authorisation no. 671355.  Money Support Group are registered in England & Wales, registered company address:  Office 007, Northlight Parade, Brierfield, Nelson, BB9 5EG, company registration number 10008746, Information Commissioner’s Office registration number ZA261956