Debt counseling
DebtGrip can help you turn a new page. Debt settlement can help you ease your cash flow immediately if you run up too much debt without having to sell any of your assets.
Advantages
The debt counselling application
Free consultation
Free consultation
Complete the application form
Complete the application form
No further credit applications
No further credit applications
Correspondence with creditors
Correspondence with creditors
Debt counseling recommendation
Debt counseling recommendation
Payment agreement
Payment agreement
The legal process
Court application
The debt counselor brings a court application to make the payment agreement a court order. Creditors who have not accepted the terms of the payment agreement may give reasons why the agreement is not acceptable. The court considers the facts, finalizes the payment agreement and rules it as a court order.
Implementation of the payment agreement
Evaluation
If the client decides to continue with debt counseling, an application form for debt counseling (F16 form) is completed and relevant supporting documents are submitted to Debtgrip.
Collection and distribution of debt payments
Debtgrip collects one payment from the customers' bank account, divides it according to the payment agreement and pays the creditors on behalf of the customer over the agreed period or until the debt is paid off.
Debt free!
Once the client's debt has been paid up, Debtgrip will provide a clearance certificate to the client, the creditors and credit bureau. This indicates the end of the debt counseling process.
Frequently asked questions
There is no fixed term for debt counseling. You can pay off your debt earlier.
The client may decide to go to another debt counselor. The current debt counselor fees must be paid in full, after which the two debt counselors will correspond to ensure that all the documentation is transferred, and all the parties involved are notified.
Yes. When a client enters the debt counseling process, all current credit agreements are renegotiated. Assets are not repossessed or sold.
When you start debt counseling, the goal is to pay off your debt as quickly as possible without losing your assets. The term of the debt counseling goal depends on the amount of debt the client owes as well as the amount the client can pay each month. The general goal is to try to be debt free within five years.
Anyone who works with a fixed income that can be used to pay off debt can start in debt counseling.
In the event of death or serious illness that affects the client’s ability to keep up with the debt payment as agreed in the debt payment agreement, the debt counselor should be contacted immediately.
Feel free to contact us
About Us.
The Debtgrip debt calculator gives you a very accurate overview of your debt levels and an insight into your financial position within minutes that is not available anywhere else for free and without obligation.
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