Debt Counseling
Debt Counselling is a legal and structured process that is designed to assist you to consolidate all your monthly installments and extend your repayment period so that your monthly instalments become more affordable.
How the Process Works
The Debt Counseling process is a legal and binding solution that is designed to protect you from unnecessary stress. Each step helps you move from financial pressure toward stability — with expert guidance every step of the way. It is important to understand the full implications of going under debt counselling which includes the fact that you will not be able to access credit until you have been issued with a Clearance Certificate.
Our registered debt counsellor will explain the process fully before you commit.
Assessment
We begin with a full review of your financial situation — including income, expenses, and outstanding debts — to understand your level of affordability and identify the best relief option for you.
Negotation
Our team engages directly with your creditors to negotiate reduced or restructured payment terms. This step ensures your monthly instalments become realistic and manageable while preventing unnecessary legal escalation.
Agreement
Once new terms are approved, a formal repayment plan is established. This agreement protects you from further legal action and provides a clear, structured path to settling your debts.
Monitoring
Throughout the process, we monitor your progress and maintain communication with creditors to ensure the plan stays on track. Our goal is to help you regain full financial stability and confidence in managing your money.
If you’ve received a Section 129 notice, it’s a legal signal that your credit agreement is in default — but it’s also your opportunity to act before legal action begins.
Benefits of a
Debt Counseling
Debt Counseling offers lasting protection and a structured path to financial recovery if you comply with the repayment plan. It’s designed to help you regain control, reduce stress, and rebuild your financial future. Once you have settled your unsecured debts and vehicle a clearance certificate is issued and all previous negative information relating to the accounts that were under debt review as well as the flag is removed from your credit report.
Protection from Repossession and Judgments
A structured debt relief plan shields you from legal action, ensuring your assets — like your home or vehicle — remain protected while you regain stability.
Lower, Manageable Monthly Payments
We negotiate with your creditors to reduce your monthly instalments, helping you meet your obligations without sacrificing your essential living expenses.
Peace of Mind and Financial Control
With a clear repayment plan in place, you can focus on rebuilding your finances confidently and moving toward a debt-free future.