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Cancelling Debt Review

Questions & AnswersCategory: JudgementsCancelling Debt Review
Joyce Malaza asked 4 months ago

I was with debt review it was before I get a good job. I then decide to pay my debt so I can finish earlier. So I need to council my name on debts review. Pls help

1 Answers
Carien Kruger Staff answered 4 months ago

Good day,

Thank you for getting in touch.

Your Debt Review will be listed on your credit profile until a Form 19 (Clearance Certificate) is issued. This can only happen when;

1. all your debt has been settled, or
2. you have brought arrears up to date and are able to pay original instalments. If however you already have a court order by the Debt Counsellor you will have to rescind the court order by proving to the magistrate that you are no longer over-indebted.

So once you have reached one of the above you can contact your Debt Counsellor to issue you with a Clearance Certificate.

Kind regards