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    The Process

    Will my details be sent to the credit bureaus and my credit providers?

    Yes, this is a legal requirement and an important part of your protection.

    When you apply for debt counselling:

    • The NCR is notified of your application

    • All credit bureaus are informed to flag your profile as 'under debt review'

    • All your credit providers receive formal notification (Form 17.1)

    • Your employer is NOT notified

    This notification is what provides your legal protection – once creditors know you are under debt review, they cannot take further legal action against you while you are making your restructured payments.

    Expert Answer

    Provided by NCR-registered debt counsellors (NCRDC3106)

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