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Debt Review Question

Questions & AnswersCategory: Debt ReviewDebt Review Question
Andrew asked 1 year ago

If a summons was issued to us for our vehicle can we go under debt review and will the bank accept the debt review people offers? Or can they still repossess the vehicle?

1 Answers
Carien Kruger Staff answered 1 year ago

Good day,

Thank you for your question.

In the event that a summons has been issued before you enter the debt review process, it cannot be included in the debt review.

But we will always attempt to negotiate with the credit provider to include it in the debt review – with the creditor’s permission. If the credit provider does not agree, DebtSafe will assist you to negotiate a payment arrangement where possible.

For more information please fill out our easy online contact form found here. Once submitted; our team will be in contact with you soonest to discuss your options.

Have a great day.