Debt Review Information

Debt Review vs Administration vs Sequestration: Which Debt Solution Is Right?

South Africa has three main legal debt solutions. Debt review restructures your debt under the National Credit Act while you...

You qualify for debt review if you are a South African earning a regular income and you are over-indebted, meaning,...

No. While you are under debt review, you cannot legally get new credit from any registered lender. Section 88 of...

Prescribed debt is old debt that a creditor can no longer legally force you to pay. Under South Africa's Prescription...

The distinction is clear and well-sourced. The core legal difference: debt review is a regulated legal process under the NCA...

I have the legal mechanism precisely, all attributable to the NCA. The key sections: Section 86(2) read with Section 88(1)...

Debt review in South Africa typically takes between three and five years to complete. The legal application stage is fast,...