If credit providers are not satisfied with the proposed payment plan, we have legal mechanisms to protect you:
• We will request the court to make the debt review an order of the court
• Should credit providers take action against you, any payment that was due to them each month may in some instances be used to defend this action
• Working with our experienced debt counsellors, it is unlikely the credit providers will not accept your repayment plan
• Courts generally support reasonable payment plans that show good faith
In our experience, most credit providers accept reasonable proposals because receiving regular payments is better than pursuing costly legal action.