30.09.2021 Views

Debtfree Magazine issue 9 of 2021-for download

SA's Free Magazine all about Debt, Debt Counselling & Debt Review. New, Tips, Reviews, Advice and more. This month we look at some of the nasty little lies you tell yourself about your debts. We also catch up on what happened at the Annual Debt Review Awards 2021

SA's Free Magazine all about Debt, Debt Counselling & Debt Review. New, Tips, Reviews, Advice and more. This month we look at some of the nasty little lies you tell yourself about your debts.
We also catch up on what happened at the Annual Debt Review Awards 2021

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RCS & NIMBLE NOW

COLLECTING JET & EDGARS

DEBTS

When Edcon got into trouble and went into business rescue

things were bound to change, including what would happen

with the debtors’ book and debt review matters.

The business rescue practitioner made arrangements with

both RCS and Nimble Group to sell them part of the debtors’

book for both Jet and Edgars.

This has however made things slightly different and a little

tricky for Debt Counsellors who have clients who have debts

with those brands.

The NCR has released a short circular with a helpful

addendum letter that can be used with regard to clearance

certificates (download below).

The circular from the NCR explains that since the book has

been sold Debt Counsellors will have to check in with both

RCS and Nimble (preferably at the same time) to see if the

account they are dealing with has gone to either of them.

Debt Counsellors can do this by emailing:

RCS Group – edgarsenquiries@rcsgroup.co.za

jetenquiries@rcsgroup.co.za

Nimble Group – accounts@nimblegroup.co.za

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