what obligation do debtors have to help you out in times of need?

[Gruffle]

hi

 

i'm about to enter a very difficult month or so financially, moving from weekly pay to monthly, so effectively i will have to make a weeks wage last bout 6 weeks, with a partner on maternity leave at the minute.

 

we're just keeping our heads about water with debt etc but will be pretty much screwed without my income.

 

my question is this, on most letters from banks, credit companies etc it says "contact us if you are unable to make your payment"

 

if i contact them, for example to tell RBS that i won't be able to make my monthly loan payment, because as much as i enjoy paying them each month, i would much rather spend it in food if need be, will they be understanding or basically tell me its tough ****?

 

I'm not in a massive amount of debt, owing about £7-8k to various companies, but without any pay i really am going to struggle.

Edited February 18, 2010 by Gruffle
stupidity

[Surfer01]

I think your heading should refer to creditors as yua re the debtor. They have no obligations to help you and can be hard nsoe about the whole issue.

[Gruffle]

yeah, thats what i thought, i was hoping the bit they tend to put on the back of letters about wanting to help with your situation wasn't just crap tbh lol

 

no harm in asking though eh?

[Guest wino]

As far as I know I think your employers cannot just start paying you monthly. First payment will be after two weeks, then two weeks, then monthly.

 

If this is not the case (I am sure someone will put me right:p) then have a word with your Manager or wages dept to see if they can ease you into monthly pay.