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What happens if you cant make your monthly payment,

6 replies

jenk1 · 20/02/2006 14:59

DH had 3 weeks off work sick and hasnt been paid for them just statutory sick, we havent got the money to meet the monthly payment, what do we do in this situation?

OP posts:
MeerkatsUnite · 20/02/2006 15:17

Is this a mortgage payment?.

Regardless of what it is talk to the lender concerned.

I would hope they would be sympathetic given the circumstances.

Hattie05 · 20/02/2006 15:25

If its a mortgage payment and you've been with them a while, they should be understanding, they may let you have a total break, or just make an interest only payment.

goldstarlover · 20/02/2006 15:27

you need to talk to whoever it is the payment is for. explain the situation and come to an agreement about how it will be resolved.
don't just not pay

jenk1 · 20/02/2006 17:00

thanks, DH is going to ring them tomorrow to see if they will let us have a break for a bit.

OP posts:
jenk1 · 21/02/2006 19:04

phoned bank this morning and they are giving a month off and we dont have to start paying until 31Mar . Phewww

Thanks for all the advice

OP posts:
Hattie05 · 21/02/2006 21:58

See? some people in the world are still human.

at least you can relax a little now!

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