NDCSA

We Assist With The Following: 1. Debt Review Removal 2. Adverse Listing Removal (Judgements and Defaults) 3. Debt Mediation. Whatsapp Us Now!

NDCSA

How much does it cost to remove debt review?

The cost of removing a person from the debt review system varies depending on the amount of outstanding debt and credit providers involved. Generally, it can take between R1 000 and R30 000 to remove someone from the system including fees for legal advice or guidance in negotiating settlements with creditors.

Can I withdraw from debt review?

A Consumer who has applied for Debt Review can withdraw from Debt Review only before the recommendation of over-indebtedness (Form 17.2) has been issued by the Debt Counsellor. After the recommendation of over-indebtedness (Form 17.2), a Consumer can only withdraw from Debt Review after the Form 17.

How do I clear my debt review status?

What must I do to remove the debt review status from my credit report? A: Request a clearance certificate from your debt counsellor and submit it to the credit bureau. The credit bureau will then remove the debt review status from your credit report.

How long does it take to remove debt review flag?

within 21 days

Importantly, there are legal requirements in place to ensure the prompt removal of the debt review flag. Credit bureaus are obligated by law to remove the flag within 21 days of receiving the clearance certificate.

NDCSA