North West debt practitioners

A debt management plan is a formal agreement between a debtor and creditor(s). Debt Management Plans help reduce outstanding, unsecured debts at a reduced level over a fixed period of time to help regain control of finances.
Debt Management Plans are individually tailored based on what can be realistically afforded on a monthly basis. To achieve an accurate figure, an income and expenditure test will establish what monies are coming into the household and what is being paid out. Income and expenditure includes everything, such as rent/mortgage, secured loans, utility bills, and essential living expenses (food & TV license etc). Once the income and expenditure is completed, the leftover amount is your disposable income which is divided amongst creditors through a Debt Management company.
Debt management is a voluntary process and is NOTREFLECTED ON YOUR CREDIT PROFILE, it is not DEBT COUNSELLING.
What we do is we negotiate with your creditors for better payback terms on your loans thereby reducing your monthly repayments to your creditors. Recently we assisted a person to reduce his monthly payments from R12 000 pm, which was his total monthly salary after deductions, to R8000 per month thereby allowing him a extra R4000 for his living expenses.
A further benefit is that by paying accounts on time every month you are increasing your creditworthiness that will assist you in future to get credit should you need it.
Based on the information that you provided with your application we have prepared a proposal for you to show you how we can assist you in reducing your debt. Please note that this is not a accurate estimate as we will need latest figures but it is guide to show you how we can assist you but your figures can change once we have the correct information.
Should you wish to continue with this process please complete the accompanying documents in order for us to assist you in healing you from your debt.
We would also like to inform that we also assist persons in removing illegal garnish orders as a recent study done by UP showed that 90% of garnish orders are illegal. READ MORE.
If we do an audit and found that you have paid back more than you should have the creditor must refund that money, we recently helped a client to get back more than R25 000 on a garnish order that was deducted from his salary since 2003.
Even if you paid off a garnish order we can still do an audit and your chances that you paid more than you should have is more than 75%.
If you want us to assist you in removing or audit your garnish order feel free to contact us.
Thank you for your time in reading this
Have a great day