Who qualifies for debt review removal?

All individuals in South Africa who meet the eligibility criteria outlined in theNational Credit Act (NCA)qualify for debt review removal.

Here are the relevant sections of the NCA that deal with different aspects of debt review and its removal:

1. Section 86(7)(a)of the NCA deals withdebt review rejections. This section is invoked when a debt counsellor rejects an application for debt review because the consumer is not over-indebted.
2. Section 71of the NCA deals withdebt review clearance certificates. This section is invoked when a consumer has paid off all the restructured debt under debt review.
3. Section 87of the NCA deals with theremoval of debt reviewafter you have been declared overindebted by a debt counsellor. This section is invoked when a court declares a consumer is no longer over-indebted.
4. Section 165of the NCA deals with theremoval of debt reviewif there is a debt review court order in place. This section is invoked when a court order for debt review is in place, and the consumer wants to exit the debt review.

It’s important to note that if there are issues with your debt counsellor or if they’re no longer practicing, you may need to seek assistance from the NDRC, the NCR or another registered debt counsellor.

Got More Questions? We have gathered the most frequently asked questions about exiting debt review here.

Book your Free Consultation with The National Debt Review Center

COMPLETE THE BELOW DEBT REVIEW REMOVAL FORM TO APPLY FOR DEBT REVIEW REMOVAL ONLINE

NDRC Facebook Page

Know the debt review removal process.

The National Debt Review Center