Does Emigration Affect Debt Review in South Africa?

At Sandton Debt Counselling we understand that life and circumstances are forever changing and that nothing is ever really set in stone.  One moment you’re financially fluid, the next, you’re finding yourself in need of debt counselling.  How does being under debt review affect you when you emigrate though?

Emigrating to another country – be it for a work opportunity, to join family abroad, or for a different way of life – is something that hundreds of thousands of South Africans have done.  Although the current pandemic has hindered or delayed many people’s plans to emigrate, it hasn’t halted it altogether, and South Africans continue to relocate internationally all the time.

Since you’re most likely moving on to greener pastures, you might be forgiven for thinking that your debt review – or any debt in South Africa – will be excused.  Unfortunately, this is not the case as there is simply no excuse for non-payment if you’re emigrating.

Sandton Debt Counselling can assist with debt review for those who have immigrated to South Africa, although that is an entirely different scenario to emigrating.  For more information on how SDC can help with the debt review process if you’ve immigrated, read our informative article here.

The moment you begin the official NCR debt review process that debt review companies offer, you enter into a legally binding agreement.  In the same way that South African citizens are still held liable to pay their taxes in South Africa, your debt obligation will not cease to exist.