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Debt Restructure

Debt restructure is a debt relief program that can reduce all your debt repayments to one lower installment you can afford. This helps to reduce the pressure on your income. If your monthly salary can’t cover all your expenses and debt repayments, you may be over-indebted. This simply means your debts are or may soon become unmanageable.

If you are struggling with monthly payments, are about to lose your car or house to repossession, are unable to get new credit, or wish to improve your credit score, we have a personalized solution that will consider your financial circumstances.

Debt Counselling is a debt relief solution provided by Section 86 of the National Credit Act. https://www.gov.za/documents/national-credit-act and administered by the National Credit Regulator https://www.ncr.org.za/register_of_registrants/registered_dc.php

We do a free (no commitment) assessment to determine the best possible solutions that will work for you, considering your circumstances. We provide all relevant information to help you make an informed decision.

Consider taking action with debt counselling to manage your financial situation.

Through our Debt Restructure programme, consumers can legally reduce their monthly debt repayments to an affordable amount and avoid losing their assets or facing pressure from debt collectors. If you’re employed or have income and are facing any of the following challenges, this service is for you:

  • You can’t afford your monthly instalments or have fallen behind on monthly payments towards your debts.
  • You’re paying your debts but don’t have enough left for living expenses like groceries, petrol, school fees, etc. or unexpected emergencies.
  • You’ve received a Section 129 Letter of Demand from a creditor or you’re at risk of repossession of your car or home.

How Our Debt Restructure Process Works.

Step 1. Get in Touch with Us

Give us a call, send a Whatsapp or email, or complete our online form Contact us. One of our friendly debt relief consultants will reach out to assist you with a FREE debt assessment in just a few minutes.

Step 2. We Assess Your Situation

Is Debt Restructure the best solution for all consumers who are struggling with debts? The answer is No. Can it be an ideal solution for you? A few minutes assessement will determine if it will improve your financial circumstance. If not then we will explore other possible options.

We’ll access your credit report to check the status of your debts and get information on your monthly income and average monthly expenses to determine if you are over-indebted, and whether debt restructure will be the best solution for you.

If we determine that restructure will improve your financial situation, we’ll reduce your monthly payments to a lower amount you can afford.

Step 3. Submit Your Info & Sign

We’ll provide an estimate (90% accurate) of how much we can reduce your monthly payments and provide all relevant information regarding the process. If you’re happy and wish to proceed, we’ll require the following documents to complete the assessment:

Relevant documents for Debt Restructure application

  • ID copy
  • Latest payslip
  • Bank statement

After receiving the documents, we'll generate prefilled forms (Form 16 and Power of Attorney) for signature — which can be signed manually or digitally via a secure link sent to your smartphone.

Step 4. We Talk to Your Creditors

Once your application is signed, we take it from there. We’ll negotiate lower repayments and reduced interest rates with all your creditors. Instead of paying multiple accounts, you’ll only make one affordable monthly payments.

On average, clients save up to 50% on their monthly instalments, depending on the type of debt and the outstanding balances.

Debt Restructure
  • Your Creditors or Debt Collectors will stop phoning, emailing or threatening legal action.
  • All legal action or repossession attempts will be stopped except in situations where a court order has already been granted authorising the sheriff of the court to collect your asset.
  • You're fully protected by the National Credit Act as long as you keep up with your reduced payment plan.

Step 6. Become Debt-Free & Get a Clearance Certificate

  • Once your unsecured debts are settled, You will receive a clearance certificate (Form 19) officially ending the process and clearing you from debt review.
  • If your financial situation improves while you still have debts, we can remove you via our Debt Review Removal service so you can exit the process sooner and return to normal credit access.

Wish to Reduce your monthly instalments or need advise on other possible debt relief options, Contact us today!

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