Debtfree Magazine September 2019
The September 2019 issue of Debtfree Magazine. SA's Free debt counselling and debt review magazine. We discuss a court case that changes it all as well as possible changes to the NCA & Regulations.
The September 2019 issue of Debtfree Magazine. SA's Free debt counselling and debt review magazine. We discuss a court case that changes it all as well as possible changes to the NCA & Regulations.
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ARE YOU TRAPPED<br />
IN DEBT REVIEW?<br />
Debt review is an amazing process that allows consumers to deal with<br />
their debt in a dignified and realistic manner each month. For many<br />
it has literally been a lifeline to sanity and the opportunity to get<br />
their life back on track.<br />
Some consumers who have entered debt review have found that<br />
starting the process is much easier than ending it. Most consumers<br />
suddenly face 5 years of regular debt repayments without interruption<br />
after many, many years of inconsistent debt repayment behavior. This<br />
can be a real challenge. Leaving debt review* is especially tricky if<br />
someone wants to leave the process before they have repaid all their<br />
debts.<br />
*<br />
In this article we are using the terms debt review, debt counselling and debt<br />
restructuring interchangeably even though each term has slightly different<br />
connotations.
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