How It Works

Financial Assessment

a. We review your income, expenses, and debt obligations to assess your financial situation.

Budget Restructure

a. We will help you adjust your spending and identify unnecessary costs.

Debt Repayment Plan

a. We will:
i. Negotiate lower monthly repayments on your included debts
ii. Request for lower interest rates
iii. Consolidate your included debts into one single monthly payment
iv. Propose a plan to repay your debts over a realistic period.

Legal Approval

a. Application for a court order that is legally binding on your creditors to accept your new Debt Repayment Plan.
b. Once you are under Debt Review, your creditors cannot take legal action against you for the debts included in your plan.

Continuous Monitoring

a. We monitor your monthly payments and conduct an annual review of your situation.
b. As your debts are paid off, your plan is adjusted to help you achieve debt freedom in the shortest amount of time possible.

Clearance

a. Once your debts have been paid off (excluding your bond), we issue you with a Clearance Certificate and remove you from Debt Review.
You are then free to access credit again and manage your debts sustainably.