Your Debt Counsellor will be disappointed that things have not worked out according to their well laid plan, but they will try to help.
Obviously, if you missed payments because you are just refusing to pay, this might result in the Debt Counsellor withdrawing their services because of your non-cooperation. But when that’s not the case, they will try help.
Your Debt Counsellor will try and assist you, but remember that credit providers are legally allowed to take these actions. So, your Debt Counsellor can only ask your credit providers nicely, and where necessary, help you defend the matter at court with some background information. You can ask your attorneys (maybe the ones who helped with your debt review) to help, for a fee.
‘some of your credit providers…may decide they want to carry on in the debt review’
It might be, that some of your credit providers are more understanding than others, and may decide they want to carry on in the debt review despite your missed or short payment. If so, your Debt Counsellor will do some math and send a revised payment plan.
Maybe that plan will be to catch up the missed payment slowly or in a few payments. Or maybe the revised plan will require you to pay the debts back over a slightly longer time period.
If the credit providers are happy, then you pay those who want to carry on via debt review (via your PDA as before) and you have to make a plan with those who have left the debt review arrangement.
This may change the amount you pay, and you may have to make even more drastic life changes to make those payments, and your debt review payment.
It will be hard, much harder than before.
