Posted on Oct 12, 2020

Credit Salvage Corporation SA (Pty)Ltd

Cancelling Debt Counselling or Debt Review:

In our line of business, we receive plenty of questions about how consumers can go about cancelling debt counselling or debt review.

The answer depends if a debt counselling/ debt review court order is in place. For this reason, we will go into detail on all the various processes involved in the cancellation of debt counselling. The different stages which will be explained are listed below:

1. Before a consumer is declared over-indebted.

2. After a debt counsellor has declared a consumer over-indebted, however, has not gone to court to obtain a court order.

3. After a debt counsellor has declared a consumer over-indebted and a restructuring court order is in place.
After a debt counsellor has declared a consumer over-indebted and settled all restructured debt.

Click the link below to read the comprehensive guide to cancel debt review.
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