Once in Debt Review, a person is protected from debt collectors. Your Debt Movement Debt Counsellor will contact all of your creditors and inform them that you are in Debt Review. This immediately stops the harassment by debt collectors.

Your Debt Counsellor will then begin the process of renegotiating and consolidating your debt, reducing your interest rates, extending your repayment terms, and restructuring your debt to align with your financial situation, enabling you to manage your repayments while still having disposable income to manage your living expenses.

The Debt Review process also legally protects your assets from repossession, ensuring your creditors cannot seize your house, your car, or any other assets.

Furthermore, while undergoing Debt Counselling, you will work with a professional Debt Counsellor who will renegotiate your terms with your creditors, restructuring your finances and budget in a way that enables you to manage your debt repayments while still having additional cash each month to cover other living expenses.

The current fee structure can be viewed here.

Debt Counsellors are not allowed to charge above the set fees.

Any South African experiencing or who is likely to experience debt-related problems and is having difficulty making their current monthly payments. A person who is over-indebted may approach a Debt Counsellor directly, or may be referred to a Debt Counsellor such as Dotor Debt by their creditor/s, the Magistrate Court, or the National Credit Regulator. The person must choose their own Debt Counsellor and should also have a distributable income which will be used to offer reduced payments to the credit providers.

Yes, Debt Review and Debt Counselling are the same thing, and the terms are used interchangeably.

Doctor Debt South Africa offers Debt Review and Debt Counselling to over-indebted South Africans.