THE DEBT COUNSELLING SOLUTION

Debt Counselling provides over-indebted consumers with much needed support, through a well guided and regulated debt relief programme. This programme lifts the debt burden on the consumer allowing them to face their creditors and negotiate suitable repayments with the authority of NCR Registered Counsellors. Through Debt Counselling consumers have a safe and supportive remedy that provides peace of mind through regulated and professional support. It allows the consumer to better focus on their surroundings.

OVERVIEW OF THE PROCESS

We assess the consumer to determine their over-indebtedness. If the consumer is approved according to our regulations and procedures we declare the consumer over-indebted and place them on the Counselling programme where:

• We will evaluate and structure a new monthly payment plan for the consumers debts and obligations,
• We will contact all the consumers credit providers and negotiate payment periods or reduced fees,
• We will structure suitable living expenses budget varying on the consumers circumstances.
• We will contact the credit bureaus,
• We will notify all your credit providers and credit bureaus that the consumer has been placed on a Debt Counselling programme in accordance with the National Credit Act,
• We will apply to the National Credit Tribunal for a consent order for payments according to the negotiated payment plan.
• We will approach the Magistrates Court for a Consent order if there is a dispute with any credit providers,
• We will provide ongoing support,
• We will constantly monitor the consumers situation and
• We will provide you with a clearance letter on completion of the programme allowing the consumer to resume their natural financial activity.

OUR SERVICES

At Debt Assessors we provide the following services:

• Online assisstance
• Walk in assisstance
• Telephone, fax or email ( correspondence ) for confidential assistance.

FEES

Our fees are regulated by the National Credit Regulator as well as the Debt Counsellors Association.
For more information on Fee Guidelines feel free to contact us or visit www.ncr.org.za

USEFUL LINKS

www.ncr.org.za
www.debtassess.co.za