What can I expect from the Debt Restructuring process and what are the benefits?
Immediate Debt Relief – (Instant Reduced Monthly Repayments)
Credit Providers will stop harassing you for payments
Rectifying Arrears on all credit agreements.
Reduced Interest Rates and Fees – (Enabling you to repay more towards capital outstanding)
Catering for All Essential Living Expenses
One Consolidated Payment – towards all credit agreements
Protection against legal action and safeguard Assets
Rehabilitate your credit profile – Regain financial freedom!!
The plan to Financial FREEDOM in Seven Steps:
Step 1: Reach Out to Us
Complete our Debt Assessment Form above or submit your contact details, and we will promptly reach out to discuss your situation in more detail.
Step 2: Free Debt Assessment
Our team will conduct a comprehensive assessment of your financial situation, including your monthly income, expenses, and current credit obligations. Based on this assessment, we will develop a customized restructuring plan to address your financial needs effectively. We will discuss the proposed plan with you, ensuring that it aligns with your goals and circumstances. Only upon your agreement, will we proceed with a formal application for debt review.
Step 3: Notify all Credit Providers
We will notify all your Credit Providers and the Credit Bureaus that you have entered Debt Review.
Step 4: Commencing Reduced Payments and Negotiations
Begin making a single reduced payment towards your debt review, easing financial strain. Allocate freed-up funds to essential living expenses, ensuring your needs are covered. Initiate negotiations with your credit providers to reduce both monthly installments and interest rates, striving for affordability. Handle the reduced single monthly payment across all your credit agreements, fostering financial stability on the path to debt resolution.
Step 5: Formalizing the Repayment Plan
Finalize the process by obtaining a court order for the restructured repayment plan. This step formalizes the plan and makes it legally enforceable, providing you with greater financial security and peace of mind.
Step 6: Completion and Restoration
Continue paying the single reduced monthly installment until all credit agreements are paid in full. Upon completion, we will issue you a clearance certificate, signaling the restoration and rehabilitation of your credit profile.
Step 7: Embrace Debt-Free Living!
Enjoy the freedom and peace of mind that comes with a debt-free life.
