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Holding letter to creditor

Use this document to inform a creditor that you are having, or will have difficulties, maintaining your payments and to explain the reason why. The letter will ask the creditor to hold any action until an anticipated improvement in your financial circumstances occurs, or after you review your financial situation, you are able to formulate a proposal to the creditor for the debt.
Compatible region(s): England & Wales Northern Ireland

Holding letter to creditor

Use this document to inform a creditor that you are having, or will have difficulties, maintaining your payments and to explain the reason why. The letter will ask the creditor to hold any action until an anticipated improvement in your financial circumstances occurs, or after you review your financial situation, you are able to formulate a proposal to the creditor for the debt.

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Holding letter to creditor (Guidance Notes)