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Topic starter
15/01/2021 6:42 pm
Hello! So I have discovered that I'm pregnant. I have been in sequestration since last year February.
I was wondering if my monthly payments can be reduced now that I'll have more spending preapering for baby or can that be only done once I'll be on my maternity leave and my income will decrease?
15/01/2021 11:49 pm
Hi Aloootka and congratulations to you!
Speak to your trustee about your financial needs to prepare for the arrival of your new child. Hopefully they'll show some flexibility that works for you and is also fair to your creditors.
You should contact your trustee again when your income reduces. Your payment should always be based upon affordability so a reduction in income is very likely to result in a reduction in your monthly payment.
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