Debt Review: Your Step by Step Guide – From Application to Final Payment Read our step by step guide and see how Sandton Debt Counselling can help you see your debt review journey through successfully to the end! Debt Review – Your Step by Step Guide The process of applying for debt review might be …
With South Africans finding themselves in the most vulnerable position financially at present, there is a pressing need to offer a solution that can provide some relief – and one of the best options is debt review.
The National Credit Regulator (NCR) The NCR regulates all companies in the South African credit industry and also make sure that all these companies are in compliance with the National Credit Act. What Is The NCR? The National Credit Regulator (NCR) is the regulatory body that oversees the South African credit industry. It was established …
Will I Lose My Assets When Going Under Debt Review? You will not lose your assets if you apply for Debt Review. As long as you keep making your payments under the new agreement, everything should be fine. Debt Review could help you save your house and car. If creditors are threatening you with repossession …
Do I Have To See A Debt Counsellor In Person ? No, you do not have to see a Debt Counsellor in person. The whole application process can be electronic, so it does not matter where you are, Sandton Debt counselling will be able to assist you. In fact, 99% of our clients apply over …
Garnishee Order A Garnishee Order or Emolument Attachment Order Instructs Your Employer To Deduct Money From Your Salary To Pay Your Creditors. What is a garnishee order? A garnishee order is an order of court obtained by a creditor to recover unpaid debt.The creditor can be anyone the debtor owes money to. The creditor will …
Debt Counsellor A Debt Counsellor has the power to protect you from creditors and lower your monthly instalments. Do I need a debt counsellor? If you are one of the millions of consumers who experience financial strain due to a lot of debt, you should be able to benefit by speaking to a debt counsellor. …
What is Debt Counselling? Debt counselling was formally introduced in 2007 by the National Credit Act and is a closely managed debt solution. A debt counsellor will assist a client that struggles to pay his debt by placing the client under debt review. Through debt review, the client will regain control over his finances and …
Debt Review Process Our Debt Counselling Process, 5 Steps to Financial Freedom the debt counselling process Step 1 The Debt Counselling process starts by the Debt Counsellor doing assessments to establish whether you are over indebted and in short, qualify for debt review. This will also give us an indication as to how much you …
