Debt is an endless nightmare which is going to disturb your dreams until you do the right thing…
How to get back on the right truck? How to be real with yourself and face the problems?
We suggest you to seat down, cut the budget and suck it up! However, you do not have to do it yourself because the government comes to the rescue!
As the country continues on the way to recovery from the pandemic crisis, and is moving back to something like normality, many people are experiencing long-term debt problems.
The government has shown concern during the pandemic coming up with Debt Respite Scheme (Breathing Space Moratorium and Mental health Crisis Moratorium) (England and Wales) Regulations 2020 to help those people through the crisis who are in serious debt. It becomes effective from 4th May 2021.
