When struggling with debt, don’t lose hope. There is a solution…..

We suggest clients see a reputable debt counsellor as soon as possible. When debt situations are not dealt with timeously, it could be excluded from debt review and creditors would be entitled to execute (sell) assets to settle the debt.

What are the benefits of debt review?

1. Assets will be protected by a court order.

2. A debt counsellor will manage all negotiations with creditors and create a financial plan to restructure the debts.

3. Only one monthly instalment to a payment distribution agency will need to be made.They will pay the creditors on the clients behalf – soon they will be debt free.

– Should you wish to make an appointment with a debt counselor please send an email to info@debtmagic.co.za