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.
Breathing Space Letter Template UK Editable – PrintableSample
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
[Name of the Creditor]
[Creditor’s Address]
[Creditor’s Phone]
[Creditor’s Email]
[Name of the Debtor]
[Debtor’s Address]
[Debtor’s Phone]
[Debtor’s Email]
[Date]
Notification of Breathing Space
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.
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].
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.
During this period, all legal proceedings and enforcement actions must cease. Additionally, interest and charges related to the debt should not accrue.
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.
[Signature of the Debtor]
[Name of the Debtor]
[Name of the Creditor]
[Creditor’s Address]
[Creditor’s Phone]
[Creditor’s Email]
[Name of the Debtor]
[Debtor’s Address]
[Debtor’s Phone]
[Debtor’s Email]
[Date]
Breathing Space Notification Letter
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].
The specific details regarding the debt are:
– Amount outstanding: [Specify Amount]
– Reference/Account Number: [Account Number]
– Type of Debt: [e.g., utility bill, loan].
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.
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].
I thank you for your understanding and cooperation in this matter, and I look forward to your acknowledgment of this notification.
[Signature of the Debtor]
[Name of the Debtor]
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