Section 86 of the National Credit Act provides that a consumer may apply to a debt counsellor to conduct a debt review of the credit agreements to which he is a party and to be declared over-indebted. Should this be the case, the debt counsellor will apply to the court, through an attorney, for a court order declaring the consumer over-indebted and negotiate a lower interest rate on their credit agreements.
We assist clients with:
- Applications for debt review
- Recession of debt review court orders