Breathing Space Letter Template UK

The Breathing Space Letter Template UK is provided in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable samples to suit your needs.

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Online – Template

Sample

Breathing Space Letter Template UK

Editable – Printable

PDF – 1 PDF – 2

Breathing Space Letter Template UK

1. Debtor Information


2. Creditor Information


3. Breathing Space Details


4. Financial Situation Disclosure

5. Reasons for Breathing Space

6. Supporting Documentation

7. Contact Information

8. Declaration

9. Consent



PDF

WORD

Examples

Breathing Space Letter Template UK (1)
To:
[Name of the Creditor]
[Creditor’s Address]
[Creditor’s Phone]
[Creditor’s Email]
From:
[Name of the Debtor]
[Debtor’s Address]
[Debtor’s Phone]
[Debtor’s Email]
Date:
[Date]
Subject:
Notification of Breathing Space
Dear [Name of the Creditor],
Introduction:
I am writing to formally notify you that I am entering Breathing Space under the provisions of the Debt Respite Scheme, effective from [Start Date]. This notification is made in accordance with the guidelines set out by the UK Government.
Details of the Debt:
The debt that this notification refers to is as follows:
– Amount owed: [Specify Amount]
– Account Number: [Account Number]
– Description of Debt: [e.g., credit card debt, personal loan].
Request for Acknowledgment:
Please acknowledge receipt of this Breathing Space notification, and ensure that no further actions are taken with regard to the associated debt during the 60-day moratorium period, apart from the notices that are permitted under the scheme.
Consequences of Breathing Space:
During this period, all legal proceedings and enforcement actions must cease. Additionally, interest and charges related to the debt should not accrue.
Your Cooperation:
I appreciate your cooperation in this matter, and I trust that you will respect the terms of the Breathing Space. Please direct any correspondence related to this matter to my address as noted above.
Yours sincerely,
[Signature of the Debtor]
[Name of the Debtor]
Breathing Space Letter Template UK (2)
To:
[Name of the Creditor]
[Creditor’s Address]
[Creditor’s Phone]
[Creditor’s Email]
From:
[Name of the Debtor]
[Debtor’s Address]
[Debtor’s Phone]
[Debtor’s Email]
Date:
[Date]
Subject:
Breathing Space Notification Letter
Dear [Name of the Creditor],
Introduction:
This letter serves as a formal notification that I am entering into a Breathing Space period as provided by the Debt Respite Scheme legislation, commencing on [Start Date].
Debt Details:
The specific details regarding the debt are:
– Amount outstanding: [Specify Amount]
– Reference/Account Number: [Account Number]
– Type of Debt: [e.g., utility bill, loan].
Legal Implications:
Please be aware that during this 60-day period, no recovery action or enforcement proceedings should be initiated concerning this debt, as per the regulations.
Rights and Obligations:
Under this Breathing Space, you are prohibited from contacting me directly regarding the debt; all communication should be conducted through my debt advisor, [Name of Debt Advisor], at [Advisor’s Contact Information].
Conclusion:
I thank you for your understanding and cooperation in this matter, and I look forward to your acknowledgment of this notification.
Yours faithfully,
[Signature of the Debtor]
[Name of the Debtor]

Printable

PDF – 1 PDF – 2

Breathing Space Letter Template UK