FAQs
Why was the Act instituted?


How does the Act protect Consumers?


Who monitors the execution of the Act?


Is debt review a loan?


Who may apply for debt-review?


When should one apply for debt counselling?


Who can assist an over-indebted Consumer?


What is the role of the debt counsellor?


What is the relationship between the debt counsellor and the Consumer?


How does the debt counselling process work in practice?


What, if any, sacrifices will the Consumer have to make?


Is there any limitation to the availability of the debt relief mechanism provided for by the Act?


Can a Consumer receive debt relief when the Consumer is not factually over indebted?


Can a Consumer receive debt relief in respect of debt which do not qualify as credit agreement?


Can a Consumer receive debt relief if summons has already been issued of judgment obtained in respect of a credit agreement?


Can a Consumer be assisted in the event of him/her having a negative cash flow?


What are the disadvantages of the debt review process?


What are the benefits of the debt review process?


Who will pay the credit providers once the debt re-arrangement order of court has been obtained?


When will the debt review process come to an end?


When will the debt review process come to an end?


Is this the same as administration?






Ask a question



If you have a question that is not listed above please feel free to ask here. We will then get back to you as soon as possible


Your name:
Your email address: *
Your Question: *
Please calculate the following and enter the answer below: 1 x three + 2 + 0 = ?

Please leave this box blank