Jewlz, don't go into your overdraft. When my DH was made redundant I sent his creditors letters offering a token payment of £1 and sent them a postal order and each company accepted it until we could offer more. Send a copy to them recorded delivery as well. It said this...
Dear Sir/Madam,
Re Reference No:
Since making that above agreement with you, my circumstances have changed.
I cannot now afford to the agreed monthly payments because as of (insert date), I have made redundant from my workplace of (how many years worked there) and I no longer have the money to make payments of (enter amount) each month as I currently hold no job for support of such a substaintial amount.
In view of my circumstances, I am able to offer £1 a month at the present and should you cash this postal order enclosed I expect it to be considered you are accepting and agreeing to terms I have provided and this can be reviewed in six months. If interest or other charges are being added to the account, I would be grateful if you would freeze these so my debt does not increase.
Should my circumstances improve we will contact you again.
Thank you for your assistance. We look forward to hearing from you as soon as possible.
Yours faithfully,
Jewlz
It worked for us when we struggled in the beginning. Good luck!.
