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Debtfree Magazine June 2018

SA's Free Monthly Debt Counselling and Debt Review Industry Magazine. June 2018 issue. We look at all the heat from the Annual Debt Review Awards 2018 as well as catch up with both a Debt Counsellor and the brand new PDA.

SA's Free Monthly Debt Counselling and Debt Review Industry Magazine. June 2018 issue. We look at all the heat from the Annual Debt Review Awards 2018 as well as catch up with both a Debt Counsellor and the brand new PDA.

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proposal) to the local magistrate’s court. There a Magistrate will have a<br />

look over the proposal and responses from credit providers and make a<br />

ruling restructuring the consumer’s debts.<br />

The court order will have a set amount which needs to be repaid monthly<br />

over the time period of the order (for example: 60 months). The repayment<br />

amount is now set in stone but as we all know the cost of living is not.<br />

Over time things become more expensive. So what happens when the<br />

increased cost of living goes up putting more and more pressure on the<br />

consumer’s ability to make their set monthly debt repayment?<br />

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