Debt Counselling came into effect on 1 June 2007 with the introduction of the new National Credit Act or NCA.

Debt Counselling was introduced to provide a mechanism for solving the customer’s problem of being over indebt. It also provides a consistent system of debt restructuring, enforcement and judgement, which places priority on the eventual satisfaction of all responsible for the consumer obligations under the credit agreements.

The process of Debt Counselling (also referred to as Debt

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People who are searching for an option to use to get debt relief, could be granted a government loan for that purpose. After attempting to receive any kind of debt relief, a loan that has been granted by the government can be used to provide this debt relief. This, however is only to be put

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There are several steps available to help you avoid a foreclosure. They all start with one thing: action. If you have received a notice of default or are behind in your mortgage payments, this article will tell you how to avoid foreclosure on your home. To avoid foreclosure, you may first attempt to negotiate one of the following options with your lender:

Loan restructuring or modification

There are companies that specialize in loss mitigation that can help you negotiate with your lender to get your

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