Debt Review & Debt Counselling
Car in Pretoria
www.debtreviewsolutions.co.za
Address
7 Van Wouw St, Groenkloof. Pretoria. Gauteng. 0181Are you the owner or manager of this company?
What you should know about Debt Review & Debt Counselling
Many people, even with good credit history can fall on difficult financial times. The payment on the car of bond that was easy to manage 2 years ago has become unaffordable. And worst of all, even if you tried to sell your house or car, nobody will buy it at the market value. The worst thing that you could do, is to do nothing at all, but stress or deny that there is a problem. People can now get protection by applying for Debt Review, also known as Debt Counselling. A person is over in debt when after paying for essential living expenses (like food, transport and insurance) there is not sufficient funds available to pay for all the monthly debt or monthly installments on debt. Any person that is over in debt and that earns an income can apply for Debt Review. Any person who is unable to pay his full monthly debt payments can apply for Debt Review. This is great, because before you as individual had limited negotiation power with the creditor. We want to answer all your questions and assist you with a successful debt review application. The consumer applies for debt review with the help of a debt counsellor or consultant. Form 16 together with supporting documents is handed over to the debt counsellor or consultant. The debt counsellor will now determine if consumer is over in debt. The debt counsellor will now prepare a debt restructuring proposal to the creditors. If there is no response, the creditors will get a reminder and another 5 days to respond. You will get personal attention from competent debt consultant as soon as you email us your telephone number and time to call you back.
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