Annexure A
    3.3.3
    Annexure A
    p. 21

    Debt Counsellors

      Debt Counsellors should not take on as clients, persons who have no money available for repayment or no reasonable prospect of finding money to commence the repayment of debt.

    NDRC Practice NoteLast reviewed 2026-04

    What this means in practice

    Consumers with no realistic repayment capacity are not candidates for debt review. Taking them on creates files that cannot be funded, which fail at proposal or terminate at first non-payment. Refer such cases for sequestration counsel instead.

    Drawn from NDRC's active case work. For your situation, see our debt counselling overview.

    Cite this clause

    National Credit Regulator. (2015). Annexure A — Debt Review Process & Conduct Provisions, clause 3.3.3: Debt Counsellors. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 21.

    Related clauses

    3
    Annexure A
    Conduct provisions
    3.1
    Annexure A
    The task team
    3.1.1
    Annexure A
    With the parties, identified a number of areas in which
    3.2
    Annexure A
    With a view to improving
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    3.3.4 Debt Counsellors
    Learn more about Debt Counselling

    Discover how debt counselling can help you manage your finances and protect your assets.

    Based on NCR Guideline 001/2015, p. 21. For NDRC's interpretation and application, see our debt counselling overview. Download original PDF.