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    During Debt Review

    Debt review and divorce - what happens?

    Divorce during debt review creates complex situations that need careful management:

    If married in Community of Property:

    • Both spouses remain liable for joint debts

    • Divorce doesn't automatically end joint debt review

    • We must restructure the payment plan based on new circumstances

    • Each spouse may need separate assessments

    If married with ANC:

    • Each spouse's debts are typically separate

    • The divorce has less impact on individual debt reviews

    In all cases:

    • Notify your debt counsellor immediately about divorce proceedings

    • We can help adjust payment plans to reflect new circumstances

    • Joint accounts need special attention in divorce settlements

    Expert Answer

    Provided by NCR-registered debt counsellors (NCRDC3106)

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