Caroline Siarkiewicz, Chief Executive Officer at MaPS, said:
"We know that money worries and mental health problems often go hand in hand. Coping with the after-effects of the pandemic and cost of living pressures is tricky enough for anyone, but can be particularly challenging for people also dealing with a mental health condition.
"We know the Mental Health Crisis Breathing Space makes a real difference for people. It’s delivered through a specialist service we fund through Rethink Mental Illness and gives people the respite they so desperately need at a time of mental health crisis, allowing them time and space to focus on their recovery and press the pause button on their money worries. But we also know that many more people could benefit from this service, so we urge those supporting people who are experiencing an acute mental health crisis — whether you are a healthcare professional, carer, family member or friend — to check if they could be eligible.
"Our research shows that people who have had a MHCBS have been able to take steps to tackle their debt problems with the support of their debt adviser, such as preventing bailiff action, writing off their debts, receiving charitable payments and renegotiating debt payments.
"Not everyone will be eligible for a Breathing Space, so we encourage anyone who feels worried about their money and pensions to use our MoneyHelperOpens in a new window service to find out what support might be available."