DEBT COUNSELLING
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Bouquet Debt Counselling practice.
Bespoke solutions for the over-indebted distressed consumer. -
Practicing since April 2010.
An NCR Registered DC in terms of Section 44 of the National Credit Act 34 of 2005
PRACTICE
AREAS
DEBT COUNSELLING
CREDIT REHABILITATION
EXIT DEBT REVIEW
JUDGEMENTS
Debt Review Process
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Consumer consults Debt Counsellor
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A new monthly budget is made which covers all basic needs
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Credit providers supply information on all debts
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A new payment plan is made and sent to the creditors
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Credit providers agree or make counter proposals
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The consumer starts to pay the new reduced monthly amount via a PDA (Payment Distribution Agency)
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Court documents are created including the plan and response
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The consumer signs a Confirmatory Affidavit for the court
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The court considers the plan and responses and makes a court order
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The consumer pays ever month
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The PDA provides statements
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Smaller debts paid off making more funds available for bigger debts
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The time comes when the consumer can leave debt review or when all debts have been settled
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A clearance certificate is issued and Credit Bureaus notified
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The consumer can begin to use credit again if they want
DERECK NEL
DEBT COUNSELLOR
CONTACT
OUR ADDRESS
306 Alexandra Road, Pelham , Pietermaritzburg, 3201
Email: pmbdebt@telkomsa.net
Tel: 033 386 9969
Whatsapp: 074 950 6726
For any general inquiries, please fill in the following contact form:
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