HOW IT WORKS
What is Debt-Review?
The National Credit Act formally introduced Debt Counselling / Debt Review to assist over-indebted consumers like yourself by developing a repayment plan, which is affordable to you as well as acceptable to all your Credit Providers.
A debt solution company consolidates all your debt into one monthly payment and reduces your interest rates, based on your circumstances. This debt protection forms part of the National Credit Act. Credit providers cannot take legal action against you if you go under debt review.
If you are over-indebted and falling behind with your debt repayments, debt review can protect your assets by arranging a structured, affordable repayment plan for your outstanding debt.
Application Checklist
- ID Document
- Proof of Income
- Proof of Residence
- List of Living Expenses
HOW IT WORKS
What is Debt-Review?
The National Credit Act formally introduced Debt Counselling / Debt Review to assist over-indebted consumers like yourself by developing a repayment plan, which is affordable to you as well as acceptable to all your Credit Providers.
A debt solution company consolidates all your debt into one monthly payment and reduces your interest rates, based on your circumstances. This debt protection forms part of the National Credit Act. Credit providers cannot take legal action against you if you go under debt review.
If you are over-indebted and falling behind with your debt repayments, debt review can protect your assets by arranging a structured, affordable repayment plan for your outstanding debt.
Application Checklist
- ID Document
- Proof of Income
- Proof of Residence
- List of Living Expenses
BENEFITS OF DEBT REVIEW
Pay only what you can afford, with one single monthly payment.
Financial relief from day one
Reduced monthly expenses
Legal protection against your creditors
Protection against repossession of assets
No more debt collection calls
You get your dignity & life back again
BECOME DEBT-FREE IN 5 EASY STEPS!
Tack back control of your finances! Clear your credit record and become debt free!
Talk to a consultant
It’s free of charge and only takes a few minutes.
Complete our telephonic debt assessment and provide us with the details of your current financial situation.
Let us to do a free credit check.
We review your accounts
We review your information to better understand your financial position.
Our Debt Counsellor will assess your monthly expenses and debt to determine whether it exceeds your monthly income.
You'll be placed under Debt Review
You will be protected from your creditors.
We will notify your Credit Providers and the Credit Bureaus that you are under Debt Counselling/Debt Review. They may no longer contact you directly.
You pay one, reduced monthly repayment
We negotiate with your Credit Providers and restructure your debt repayments.
Your debt is restructured into a single monthly payment amount that you can afford, based on your current living expenses and income.
The process is finalised
Your repayment plan becomes a court order.
Our specialist attorneys will apply at the court to make your restructured payment plan a court order, ensuring that you are protected against legal action taken by your Credit Providers.
BECOME DEBT-FREE
IN 5 EASY STEPS!
Tack back control of your finances!
Clear your credit record and become debt free!
Talk to a consultant
It’s free of charge and only takes a few minutes.
Complete our telephonic debt assessment and provide us with the details of your current financial situation.
Let us to do a free credit check.
We review your accounts
We review your information to better understand your financial position.
Our Debt Counsellor will assess your monthly expenses and debt to determine whether it exceeds your monthly income.
You'll be placed under Debt Review
You will be protected from your creditors.
We will notify your Credit Providers and the Credit Bureaus that you are under Debt Counselling/Debt Review. They may no longer contact you directly.
You pay one, reduced monthly repayment
We negotiate with your Credit Providers and restructure your debt repayments.
Your debt is restructured into a single monthly payment amount that you can afford, based on your current living expenses and income.
The process is finalised
Your repayment plan becomes a court order.
Our specialist attorneys will apply at the court to make your restructured payment plan a court order, ensuring that you are protected against legal action taken by your Credit Providers.
We'll Call You!
Complete the below form
* Required fields
Contact Us
Take the first step to becoming DEBT-FREE!
Let us help you!
021 054 0720
info@lawaid.africa
We'll Call You!
Complete the below form
* Required fields
Contact Us
Take the first step to becoming DEBT-FREE!
Let us help you!