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Request a Free Assessment Today – Restructure all your Debt into One Low and Affordable Instalment.
Call :087 135 5025
Email:info@registereddebtcounsellors.co.za
Visit our website for more information and to apply for debt counselling.
https://registereddebtcounsellors.co.za/
Global Debt Solutions (Registered Debt Counsellors ) was formed with one goal in mind – to assist over-indebted consumers who need to get out of debt. Debt Counselling was introduced in 2007 and is governed and regulated by the National Credit Act 34 of 2005. Under section 86 and 87 of the national credit act, a consumer may approach a debt counsellor to be placed under debt review if he/she is unable to pay his debts in a timeous fashion.
We immediately set up a new payment plan and begin negotiating with creditors. They will no longer be allowed to call you or harass you. Your salary cannot be garnished either as the debt counselling program will protect you.
What sets us apart from our competition is that we have an in-house legal team which ensures our client’s rights remain protected at all times. Our team of Debt Counsellors and Attorneys work together throughout the process. Combined with our years of experience in the industry, we have become a formidable opponent to credit providers. Our PDA software automatically links to our payment distribution agent which ensures that accurate and timeous payments are made on behalf of our clients to their credit providers.
After an assessment is conducted with you, we will be able to determine the best solution to your debt problem.
As the coronavirus pandemic deepens, millions of Americans are skipping their credit card payments. In response, banks and other lenders are preparing for further economic fallout. CBS News business analyst Jill Schlesinger joined CBSN with more.
Pat Wright, Mediator at Hopkins Solicitors explains the advantages of choosing to resolve a dispute through mediation rather than going through the traditional court route.
Hopkins Solicitors provides legal services to individuals, families and businesses in Mansfield, Nottingham and the surrounding Nottinghamshire area.
With a team of more than 50 people and offices in Nottingham and Mansfield, we offer easy to understand legal advice along with transparent fees. We offer advice on most areas of law including:
Buying, selling or leasing houses
Wills, probate, trusts and inheritance tax
Accident injury claims
Family issues
Landlord and tenant disputes
Commercial law
Commercial property
Employment
Debt recovery
We also offer Mediation services.
For more information please visit http://www.hopkins-solicitors.co.uk/
Theasen Pillay ( founder of TPA Debt Management) discusses the relevance of Debt Counseling, especially with the challenges that COVID19 brings to South African Families
Debt Counseling reduces a family’s account payments by 40% – 60%
Pay what you can Afford- Every Family Deserves to live their best lives
Debt Counseling Protects a family’s Assets
For a Free Assessment and a Credit Report contact 072 2828 132
#lisasukdev #igtv #icommunicate #simphiwegama #debtmanagement #reduceyourpayments #creditrelief #freeassessment #freecreditreport #whatisdebtreview #howtobedebtfree #howdoesdebtcounsellingwork #paywhatyoucanafford #creditrelief #tpalegal #debtmanagement #debtcounselling #debtreview #tpadm #reduceyourpayments #creditrelief #freeassessment #recommendeddebtcounsellor #100%success #tpadm #tpadebtmanagement
Debt consolidation might be the right plan of action for you, but how will it affect your credit score? Watch Jeff Schwartz from Consolidated Credit Canada break it down.
https://registereddebtcounsellors.co.za/
Cal : 087 135 5025 or email: info@registereddebtcounsellors.co.za
RESTRUCTURE ALL YOUR DEBT INTO ONE AFFORDABLE INSTALMENT.
WHAT IS DEBT REVIEW?
South Africa currently has over 12 million over-indebted consumers out of 20 million credit active consumers. Drastic action was needed to help and In 2007 government passed the National Credit Act 34 of 2005(hereinafter referred to as “The Act”. The Act came into full force along with guided regulations which helped with the procedure and implementation of the Act.. The National Credit Regulator overseas enforcement of the Act and all Debt Counsellors must be registered with it. Debt Counsellors are given a registration number which can be verified on the National Credit Regulator’s website.
S86 and 87 of the Act deals with Debt Review applications. A person is over-indebted if they cannot pay for some or all of their monthly debt obligations after living expenses are deducted from their nett salary.
HOW DEBT REVIEW WORKS?
Many countries have adopted debt counselling to assist their citizens who are struggling financially. Debt Review in South Africa works similar to other countries. Debt Review is a process that allows an over-indebted consumer to have their debt restructured so that they have more disposable income available. This is achieved by reducing their monthly debt repayments to each creditor pro rata. As Debt Counsellors we have industry leading software which helps us achieve this. We are able to calculate a consumer’s estimated debt repayment over an established period. Debt Counselling has rules often referred to as Task team Agreements. It serves as a guideline and is followed by Debt Counsellors and Creditors so that there is general uniformity. Credit agreements must solve within a specific period, meaning the terms are only allowed to be extended to certain period dependent on the credit agreement concerned.
Many of our clients who have applied for Debt Counselling are happier and more at peace. They no longer have to worry about debt and are able to sleep peacefully. Debt can be a burden on your health and wellbeing. As Debt Counsellors we are very compassionate to our clients. After you apply for Debt Counselling, you can forget about your debt repayments and focus on the more important things in life that matter.
Contact us for a free assessment.
Is there such thing as good debt? And how could something good cause so many issues? On top of this is there anyway that we could just run an economy without debt and would we be better off for doing so. Well it turns out we probably can, and in fact there are many economies around the world today that are developing rapidly while going without this system that we just assume is a given.
If we can critically explore these questions it will offer insight into how our modern financial system works, and why it means that despite our best efforts we are almost destined to go into a recession once every 10 years or so.
#debtcrisis #recession #economy
Patreon – https://www.patreon.com/EconomicsExplained
Discord – https://discord.gg/7kM7Tw9
Enquiries – loungejita@gmail.com
Money printer meme video – https://youtu.be/O1hCLBTD5RM
second channel for Q&A Streams – https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g?view_as=subscriber
References –
Harris, M. and Raviv, A., 1990. Capital structure and the informational role of debt. The Journal of Finance
Chava, S. and Roberts, M.R., 2008. How does financing impact investment? The role of debt covenants. The journal of finance
Holmstrom, B., 2015. Understanding the role of debt in the financial system.
Frost, C.A. and Bernard, V.L., 1989. The role of debt covenants in assessing the economic consequences of limiting capitalization of exploration costs. Accounting Review
Ariff, M., 1988. lsIamic banking. Asian?Pacific Economic Literature
Articles –
https://www.theguardian.com/business/2019/jan/05/global-economic-crash-2020-understand-why
https://www.washingtonpost.com/
https://www.theguardian.com/business/2019/dec/29/its-more-than-a-decade-since-the-financial-crisis-wheres-the-recovery
Graham’s Video – https://www.youtube.com/watch?v=Uw3EhsmLe08&t=1385s
In this powerful karma cleanse angel message you will experience a powerful energy healing, vibration shift and cleanse of your karmic cords, attachments and ties.
Channeled by Melanie Beckler with Archangel Metatron, Archangel Michael, Archangel Azrael, and Archangel Uriel…
As you relax and listen you will lovingly and gently be guided through a powerful karmic cleansing technique.
Quiet your mind, relax and listen to lift in the energy healing light of the angels as you experience cord cutting, spirit release, releasing attachments and negativity, energy healing and cleansing your karma.
Cleansing karmic attachments and releasing all that no longer serves you will help you to raise your vibration, tap into your spiritual power and step into living with more joy love and positivity in your life.
Listen another psychic healing meditation channeled by Melanie Beckler here: https://www.youtube.com/watch?v=UnRR6AfCNqk
If you like this channeling be sure to subscribe for more here:
https://www.youtube.com/subscription_center?add_user=askangels
Feel free to share this Karmic Cleansing meditation using this link:
https://www.youtube.com/watch?v=39kXZPGpjak
Or if you would prefer to download the .MP3 or read the full transcripion click here:
http://www.ask-angels.com/free-angel-messages/karmic-clearing-angel-message/
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
