Libertine Consultants in South Africa Cape Town, Johannesburg, Durban
Come to Libertine Consultants for debt counselling from our qualified debt advisors on Debt Consolidation.
Debt counselling [debt review] is a form of debt consolidation in that one payment is made for all creditors, but it is not a loan.
A Consumer who is struggling to maintain all his monthly payments will apply to a Debt Counsellor on a prescribed form [called a Form 16]
Voluntary distribution has been around long before debt review and it is traditionally an assistance by an attorneys firm to help draft and make offers to creditors on behalf of the consumer.
This is the most drastic debt-relief measure and is suitable for those consumers whose assets exceed their liabilities.