In standard debt review, all debts under the court order are paid in full over the term. However, special circumstances may arise:
If you've paid all debts except your home loan:
• You can qualify for a Form 19 clearance certificate
• Your home loan continues under the restructured terms
If debts are prescribed (time-barred):
• These may be excluded from further payment
• We can apply for their removal from your credit record
If reckless lending is found:
• Some debts may be set aside entirely
• Interest may be reversed
Always work with your debt counsellor to ensure proper completion of all accounts.