Debt Review is a legal process introduced by the National Credit Act to help consumers who are over-indebted.
It allows a registered Debt Counsellor to:
• Reduce your monthly debt payments
• Combine your debts into one affordable payment
• Protect you from legal action and repossessions
• Help you become debt free
You may qualify for Debt Review if:
✔ You are struggling to pay your debts every month
✔ You are using credit to pay other credit
✔ You receive calls from debt collectors
✔ You have judgments against your name
✔ You have little money left after paying debt
If this sounds like you, we can help.
We review your income, expenses and debts to see if you qualify.
Your Debt Counsellor negotiates with your creditors to reduce your monthly payments.
Your repayment plan is approved and creditors cannot take legal action.
You make one reduced monthly payment which is distributed to your creditors.
Once all debts are paid, you receive a clearance certificate.
✔ Lower monthly payments
✔ Protection from legal action
✔ Stop harassment from creditors
✔ Keep your home and car
✔ One simple monthly payment
✔ A structured path to becoming debt free