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Procedure for withdrawal under debt review in terms of the national credit amendment act

How to withdraw It is important to note that a debt counsellor does not have statutory powers to terminate or allow you to withdraw from the debt review process. The consumer has to go to court to obtain this. You must approach the court to rescind the order or to apply for an order [...]

By |2020-11-26T09:00:30+00:00July 2nd, 2015|Debt|0 Comments

Direct payments – know your rights

Some consumers who are considering debt review are concerned about how to ensure that the payments they make are correctly paid to the creditors. The good news is that in terms of the National Credit Amendment Act, a consumer has the right to make direct payments to credit providers and not make use of [...]

By |2020-11-26T09:16:24+00:00July 2nd, 2015|Debt, Financial, Governments|0 Comments