Lx Debt Counsellors
Legal in Boksburg

Debt Counselling. This is a court application and the Magistrate will make the ruling. Not all creditors are likely to accept the lowered installments, but its not for them to decide. You can hold on to your Car, Home and other assets. As soon as you applied for Debt Counselling, your creditors can not take legal action, if legal action was not yet taken prior to your Debt Review Application. We do not give loans. We negotiate with your creditors to lower your installments at an affordable rate. You are not allowed to make any further credit agreements accept a consolidation loan.

When you are suffering under the yoke of over-indebtedness, then you need Debt Counselling. A consumer is considered to be over-indebted if the money available after payment of essential expenses is not enough to pay all other debts or he/she cannot service all his/her debts in a timely manner as agreed in the credit agreements.