Debt Counselling
 Debt counsellors work on behalf of the National Credit Regulator (NCR) to help those who have exceeded their financial capabilities with a way to pay off their debts in a responsible and affordable manner. Exceeding your financial capabilities or budget may have taken place due to a number of unforeseen circumstances such as retrenchment or hospital bills.
What is Debt Counselling?
Debt Counselling is NOT Debt Administration, Sequestration or Debt Consolidation.
Debt Counselling allows you to keep all your assets and pay back all your debts in as short a time as possible (i.e. you do not hand over your home as an asset). Once you have applied, none of your creditors may take legal action (repossessions, garnishee orders etc.) against you.
Your personal Debt Counsellor will:
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assess the level of which you have overspent |
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perform an urgent application for debt review |
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contact your creditors and credit bureaus on your behalf |
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negotiate new affordable instalments with all creditors |
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provide the convenience of a combined payment plan with just one fixed monthly installment |
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promise to facilitate your financial budgeting until debts are paid off |
Visit www.drssa.co.za for further information or complete the contact form below.
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