The National Credit Amendment Bill aims to provide relief to low-income earners, by erasing part or all of their debt.

For more on this, we’re joined by Norton Rose Fulbright Attorney’s Riccardo Petersen.

Courtesy #Dstv403

Visit us online – https://www.debtreview-sa.co.za/

WHAT IS DEBT REVIEW?

Debt Review is a process in terms of the National Credit Act for over indebted consumers. The purpose of the act is to protect the over indebted consumer against Credit providers. During the debt review process the debt counsellor will draw up an income and expense document and thus determine how to compile a debt repayment plan.

Libertine Consultants in South Africa provide advice and professional services to help you clear your credit record and get a fresh financial start.

Don’t go into 2020 with a bad credit record and financial stress. Contact us to get the advice and support you need.

Connect with us:

Website: https://www.libertineconsultants.co.za/

Facebook: https://www.facebook.com/libertineconsultants/

Twitter: https://twitter.com/libertinec

First Baptist Church of Glenarden, http://fbcglenarden.org
Pastor John K. Jenkins Sr. @JKJenkins
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Live Streaming: https://www.ustream.tv/fbcglenarden (Sunday 8 a.m., 10 a.m., noon, 6:30 p.m. (4th Sunday and special events only)
Bible Study Tuesday 7 p.m. )

In the following video Nicolette explains Debt Consolidation

With South Africans continuing to become an over indebted society, how one begins to dig themselves out of the hole of debt becomes not only a financially important decision, but also one of legal imperative.

The President of the Debt Counsellors Association of South Africa, Paul Slot joined Tim Modise on the show to discuss the process of debt review, how one finds themselves in that position and most importantly, how one gets themselves out of it.

Do you need a little debt counselling?

Viditrainer Interviews – Episode 7

Have you ever fallen on hard times and just needed a bit of help to get out of debt? Karen Gerrits talks to Deon Terblanche about debt counselling and the role of debt counsellors in South Africa. She gives some practical advice and takes you step-by-step through a typical debt counselling process.

http://www.youtube.com/my_videos?o=U
For a meeting contact appointments@bankinglawadvisor.co.za .

South Africans living to pay off debt
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Johannesburg, 24 April 2014 — Most South Africans are in debt because they are living above their means. A recent survey by Momentum indicated that many South Africans have not taken advantage of low interest rates to reduce their exposure to debt.

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