Why choose Debt Review?

Are you, like many other South African’s struggling with your DEBTS?

Do you fall into ANY of the categories below:

  • Have you been REFUSED credit, such as loans, store cards, etc?
  • Are you BLACKLISTED?
  • Are you in ARREARS with some of your debts?
  • Are you getting LETTERS and PHONE calls?  Scared to open your mail or answer the phone perhaps?
  • Cutting back on ESSENTIALS to try and get by each month?
  • Have NO money left over each month?
  • STRUGGLING to pay your monthly debt repayments and you don’t know what to do?

Don’t WORRY, we can HELP YOU!!!!!

We can;

  • Stop the creditors from taking any further legal action!
  • Give you the benefit of only ONE, REDUCED payment that you CAN afford, giving you more money to live on each month.

 

Our registered debt counselors can assist you with your situation, which is designed to help people with financial difficulties to reduce their monthly debt repayments to ONE AFFORDABLE amount.

 

If you need my help please don’t hesitate to contact us.

Voluntary Surrender of Your Estate – With Property

The surrendering of your estate is a process instituted by the Courts to help persons that are no longer able to pay their debts due to circumstances out of their control. After Surrendering Your Estate your debts are deemed to have been written off. Your creditors are no longer allowed to demand payment from you. Surrender enables you to normalize your financial matters. You will have no more fears that creditors will phone you day and night from “private numbers” and you can answer your calls fearlessly.

 

You will be able to legally get rid of all your debt and start with a new beginning

 

What are the advantages?

 

  • Most importantly – ALL YOUR DEBT IS WRITTEN OFF – including the debt you are already blacklisted for on ITC. (You will not have to pay back any of your creditors and you will be completely debt free).
  • You will no longer be liable towards your creditors, including banks, personal loans, SARS, etc.
  • You will no longer need to communicate with any of your creditors, we will handle all communications.
  • You will be able to stay in your house or rent it out for + another 8 – 10 months before you have to move.
  • After your voluntary surrender your FULL income will remain your own. All garnishee orders against your salary will be stopped or cancelled.
  • All other garnishee orders or deductions from your bank account will stop.
  • You do NOT need to appear in court or communicate with your creditors.
  • You will be able to keep your furniture and other movable assets.
  • You will be able to keep your vehicle/s if it is paid up to date. If it is financed by a bank it will only be repossessed in 4 – 5 months from the date you apply for Surrender of Your Estate.
  • Within 3 years’ time after your Voluntary Surrender you will be able to apply for rehabilitation and you will be creditworthy again.  
  • What are the disadvantages?
  • For your insolvency period, you will not be credit worthy.
  • You may under no circumstances make any new debt.
  • You may not have a current account or a credit card facility.
  • You need to apply for rehabilitation after your sequestration period of 3 years is over.

 

 

What will it cost me?

 

  • If you do decide to apply for voluntary surrender most of the costs will be covered by the curator from the proceeds of the liquidation (sale) of your estate.
  • A once off administration fee is payable for processing your application and to make an application to the High Court. As soon as we received your information we can give you a quotation.  
  • The Voluntary Surrender of Estate Process
  •  
  • You will be required to complete an application form with your personal information as well as information regarding your creditors.
  • Upon receipt of your fully completed application form we will do an assessment and inform you about your options.
  • Should you want to continue you will sign a Consent form for us, instructing us to continue with your application.
  • Once we received your Consent to continue with the application we will immediately place an advertisement in the Gazette. This advertisement will stop all legal actions against you.
  • We will send you a copy of the advertisement so that you can see that the application is done. You can also use this advertisement to notify your creditors, should they still keep on phoning you.
  • At this stage we will wait for the application to appear in the High Court.
  • After the application is approved in the High Court the Court must appoint a Curator. This can take months.
  • Once the Curator is appointed he will contact you to introduce himself and to inform you when he will have to arrange an auction for your property.

 

FREQUENTLY ASKED QUESTIONS:

 

CAN MY CREDITORS TAKE MY SALARY?

Once you are sequestrated no creditor is allowed to attach your salary,

 

WILL I LOSE MY FURNITURE?

No. Your attorney will negotiate on your behalf for the household furniture to be excluded from the Insolvent Estate.

 

WHY HAVE THE BANK GRANTED A JUDGMENT IF I HAVE BEEN WITH A DEBT COUNSELLOR? IS THE JUDGMENT VALID?

If the court has granted judgment against you, in most cases your Debt Counsellor’s application was not successful, and the bank can indeed go ahead with legal action and sell your house on an auction. The judgment is fully valid and further steps will be taken to the full extent of the law.

 

BUT I HAVE ALREADY PAID MY DEBT COUNSELLOR A MONTHLY FEE?

Even though your Debt Counsellor may have distributed a certain amount of money between your creditors, if your Debt Counsellor’s application was refused by the court, the money already paid to them will not stop legal action already started against your.

 

WILL A DEBT COUNSELLOR BE ABLE TO HELP ME IF JUDGMENT WAS ALREADY GRANTED?

No. A Debt Counsellor may only be able to assist you if the court has not yet granted a judgment against you.

 

WHAT IS REHABILITATON?

Rehabilitation is an application to the High Court to declare you are financially fit to be able to apply for credit again.

 

WILL I BE ABLE TO BUY ANOTHER HOUSE OR VEHICLE AFTER MY REHABILITATION?

Yes.

 

WILL MY EMPLOYER BE NOTIFIED OF MY VOLUNTARY SURRENDER?

No. It is completely confidential.

 

WILL I STILL BE ABLE TO BE A MEMBER OF A COMPANY OR CLOSED CORPORATION IF I APPLY FOR A VOLUNTARY SURRENDER?

If you are already a member of a company or close corporation it will affect your position and, you will not be able to become a member of a new company or close corporation until you are rehabilitated. You will be able to become a member after your rehabilitation.

 

DO I NEED MY SPOUSE’S PERMISSION TO APPLY FOR A VOLUNTARY SURRENDER IF WE ARE MARRIED IN COMMUNITY OF PROPERTY?

Yes

Voluntary Surrender of Your Estate – Without property

Debt Relief

The surrendering of your estate is a process instituted by the Courts to help persons that are no longer in a position to honor their debts due to uncontrolled circumstances.

 

Surrender enables you to regain normality in your financial affairs – where you can adjust your lifestyle to be in line with the available budget, without creditor headaches.   You will experience a normal lifestyle without the fear that creditors will phone you day and night from “private numbers” and therefore you can answer your calls fearlessly, and no more fear that the sheriff may make an unwanted house-call.

 

What are the advantages?

 

    • Most importantly – ALL YOUR DEBT IS WRITTEN OFF – including the debt already blacklisted on ITC. (You will not have to pay back any of your creditors and you will be completely debt free).
    • You will no longer be liable towards your creditors, including banks, personal loans, TAX etc.
    • You will no longer need to communicate with any of your creditors, we will handle all communications.
    • After your voluntary surrender your FULL income will remain your own. All garnishee orders against your salary will be stopped or cancelled when the court order is in hand.
    • All other garnishee orders or deductions from your bank accounts shall stop.
    • You do NOT need to appear in court or communicate with your creditors.
  • You will be able to keep your furniture and other movable assets. If on HP advise us.

 

  • You will be able to keep your vehicle/s if it is paid up to date or is under a lease agreement and not a HP agreement.
  • Within 2 years after your voluntary surrender you will be able to apply for rehabilitation.
  • After the Rehabilitation your Credit Record and ITC will be clean and you can continue debt free with your life.
  • What are the disadvantages?
  • You will be insolvent for at least the next 2 years. You can after 24 months apply for Rehabilitation and you will be creditworthy again with a clean ITC record. There are circumstances where you can apply for rehabilitation after 18 months. For your insolvency period, you will not be credit worthy. You may receive permission from you curator in creditable circumstances for example when you need to purchase a vehicle
  • You may not have a current account or a credit card facility. You may under no circumstances incur any debt. What will it cost me?
  • An administration fee is payable for processing your application in the High Court. As soon as we receive your Application form we will be able to give you the total cost that you will have to cover and then it will be up to you to decide if you want to continue. Here with a short summary of the procedure.1.      We publish an advert in the Government Gazette and the Citizen. This will prevent any further legal procedures against you i.e. execution notices, seizure on your movable and/or immovable property, etc. 2.      An ability statement is drafted that you must sign before a Commissioner of Oaths. This document is submitted for inspection at the Master of the High Court for 14 days or with the local Magistrate. 3.      Thereafter a registered letter is forwarded to all your creditors as notice of the surrendering of your estate. Your creditors will then contact me for information. You will also be provided with the same notice to enable you to forward to nagging creditors.       If your vehicle is under hire purchase, the Rules of Court stipulate that any bank may repossess the vehicle. Keep in mind that the whole process will take a few months and that you will still have use of your vehicle for the next 5-6 months without paying anybody.Vehicles registered in another person, or legal persons, name will not form part of the estate also if your vehicle is paid up it will not form part of the application.
  • What happens to your Vehicle?
  • * Failure to comply with the arrangements made with the curator may result in removal of the furniture.
  • 8.     We will send you a list so that you can list all your movable assets like furniture. Your furniture will never leave your house. The purpose thereof, as you do not own immovable property (e.g. a house), is to do movable asset surrender. On paper you will then buy your furniture back from the Curator that is what the R2333.00 in the example that we used above is used for. Once the application has been approved and granted in the Court the Curator will contact you to confirm the details in respect of your assets.
  • 7.      The Court Rules determine that you pay 22c in a rand back to your creditors. In other words if you owe FNB, R1-00, you must pay them at least 22c back. If your total debt is R200 000, you will pay R44 000.00 back to the Curator who will distribute it to your creditors (Please note that these are approximate figures). Arrangements may be made with the curator to settle the amount with them in installments between 12 to 19 months. Therefore, if you owe the Curator R44 000, you can repay it in installments of R2 445.00 per month for 18 months – there are no further interest or costs thereon. Please note that when you apply we will be able to give you the exact amount that you will have to pay back to the Curator.
  • 6.      After the application has been approved and granted by the Court, a curator is appointed to handle all financial matters on your behalf. The curator will contact you to arrange a consultation to explain the details to you.   If you live outside of Pretoria or Johannesburg a telephonic consultation will suffice.
  • 5.      At the day of the Court proceedings an Advocate will represent you; there will be no need to attend any court hearing in person.
  • 4.      The South African Revenue Services are also notified, even if you are not registered with SARS.
    1. At the day of the Court proceedings an Advocate will represent you; there will be no need to attend any court hearing in person.

     

    1. After the application has been approved and granted by the Court, a curator is appointed to handle all financial matters on your behalf. The curator will contact you to arrange a consultation to explain the details to you.   If you live outside of Pretoria or Johannesburg a telephonic consultation will suffice.

     

    1. The Court Rules determine that you pay 22c in a rand back to your creditors. In other words if you owe FNB, R1-00, you must pay them at least 22c back. If your total debt is R200 000, you will pay R44 000.00 back to the Curator who will distribute it to your creditors (Please note that these are approximate figures). Arrangements may be made with the curator to settle the amount with them in installments between 12 to 19 months. Therefore, if you owe the Curator R44 000, you can repay it in installments of R2 445.00 per month for 18 months – there are no further interest or costs thereon. Please note that when you apply we will be able to give you the exact amount that you will have to pay back to the Curator.

     

    1. We will send you a list so that you can list all your movable assets like furniture. Your furniture will never leave your house. The purpose thereof, as you do not own immovable property (e.g. a house), is to do movable asset surrender. On paper you will then buy your furniture back from the Curator that is what the R2333.00 in the example that we used above is used for. Once the application has been approved and granted in the Court the Curator will contact you to confirm the details in respect of your assets.

     

    * Failure to comply with the arrangements made with the curator may result in removal of the furniture.

     

    What happens to your Vehicle?

    If your vehicle is under hire purchase, the Rules of Court stipulate that any bank may repossess the vehicle. Keep in mind that the whole process will take a few months and that you will still have use of your vehicle for the next 5-6 months without paying anybody.

     

    Vehicles registered in another person, or legal persons, name will not form part of the estate also if your vehicle is paid up it will not form part of the application.

End Your Debt

Have you been declined for blacklisted loans, loans for bad credit, consolidation loans, are your accounts in arrears or you cannot cope with your debt any more. Then this is the best solution. No the cost and process before you start.

End Your Debt

This is NOT debt Review/Counselling, Administration and NOT a consolidation loan!

This is a commitment to you and your families future not a quick fix.

TAKE NOTE:

  • This process Only takes 24 months
  • Most of the Interest, Fees and sundry costs attached to the accounts are written off – You pay back less than you owe
  • This is Cash Sequestration And NOT Asset Sequestration – Huge Difference
  • You do not have to own a property or assets to qualify
  • Done at High Court Level – with High Court appointed Advocates, Attorneys and Curators
  • This process replaces Debt review/Counselling and Administration
  • You will not lose your Furniture – if Furniture is on HP tell us so we can advise
  • You do not have to appear in court unless you want to – the Attorney’s will attend on your behalf
  • You are protected from your creditors once your Court Order is granted
  • Stop paying your creditors and or Debt Review Company– now you have the money to afford the process
  • Close your bank account so no debit orders can go through – so that you can pay for your Sequestration process instead
  • This is a Legal and Binding Process
  • The fees are non refundable
  • Curator fees are payable over 19 months – this is used to settle the creditors who stake claims at the end of this time
  • Curator fees are debited on a monthly debit order – and minimum payable is R 1950.00 per month

The Pros: The Good

  • Stop paying your creditors immediately
  • No mounting interest or service fees – this process is transparent
  • No hidden costs only said fees
  • Garnishee orders to be stopped when Court Order is granted and obtained
  • Affordable payment plan
  • Put your salary back in your pocket
  • The sooner you pay up your fees the better position you are in

 

 

 The Cons:  The Bad

  • No credit facilities allowed during the Sequestration process for a period of 2 years
  • If you have a house on mortgage this will form part of the process – you will be able to stay in the house without paying for about 2-4 months before returning the property – please advise in this instance – Other possibility on offer

 

 

The Process:

  • Send fully completed Application form and required Documents
  • Assessment done based on Application and Nett salary
  • You will be advised if in order and provide a payment plan based on assessment and Nett salary ( Fees are payable over 1,2 or 3 months based on assessment and Nett Salary)
  • Pay the R 500 drafting fee as soon as possible so that the Pack may be drafted for your signing
  • The pack informs you what your Curator fee is be based on the amount of debt you have outstanding – Payable over the 19 Month period

 

  • The Fees are payble over 1,2 or 3 months based on assessment and Nett salary
  • Once fees are paid up only then will you start  paying the 19 Month Curator fees – this is the Court Process stage
  • Court date applied for after 3 successful Curator fees have been paid
  • After 3rd Curator fee you will get a intro letter from the Attorneys with all their contact details
  • Further documents are drawn up, figures checked, and sent to attorneys for verification.
  • Documents will be sent to you for signing – Originals to be overnighted via mail
  • Once this is received the Advert will be placed in the Government Gazette with your court date which will also be sent to you – this will prevent further action.

 

The Fees: The Future

Remember you do not payANY creditors only the process and on a PAYMENT plan – so you have the money!

 

  • The Fees of R 8000.00 is Made up as follows:The balance R 7500.00 is payable over 1,2 or 3 months based on Assessment and Nett salary

 

    1. R 500.00 is the Drafting fee for the Pack – this advises on what the 19 month Curator fees will be
  • Curator fee is payable over 19 months based on the amount of debt outstanding – done By Attorneys – works out to about .22c for every Rand you owe
  • After the 19 month Curator fees have been paid successfully, the attorneys will apply for a clearance certificate for your rehabilitation – this cost is R 4000 and up – all files are unique as each person’s debt differs- save for this as this is not done on a payment plan.This is to clear your Name and Debt.

 

  1. Fees are non-refundable – This is a legal and binding process!

 

Loans for Blacklisted – Loans for Bad credit

Blacklisted Loans – Bad Credit Loans

Blacklisted Loans – We offer unsecured blacklisted personal loans as well as unsecured personal loans from R 1 000 – R 150 000 over 60 months country-wide no original documentation needed. Please note that we DON’T CHARGE ANY UPFRONT FEES for our services. All our blacklisted personal loan providers are NCA and NCR Registered. Blacklisted Personal Loans can be paid on the same day if all documentation is correct. We will source the best possible blacklisted loan product to suit your needs. We offer the following: short-term loans, long-term loans and pay-day loans.

All you need to qualify:
Must be 18 years or older
Employed for more than 2 months at your current employer
Earn a minimum Basic salary of R 3000 per month
Have a bank account older than 3 months which a debit order can deducted
Have a South African green bar-coded ID

What is a Blacklisted Personal Loan or Loans bad credit?

Blacklisted Loans – These are loans designed for clients who have a low credit score or poor credit history and for clients who cannot get a loan through the banks.

Who can’t we help with a loan?
Applicants that are currently under administration, sequestration, liquidation or debt review. Applicants that have applied for or who are currently undergoing debt counseling.
Temporarily employed applicants.
Applicants that cannot afford the monthly installment.

 

Blacklisted loans – Loans for Bad Credit

Welcome to the new website for Blacklisted Personal Loans. All your loan needs on one site. Easy online application and our services are free. We offer personal loans, blacklisted loans, loans for blacklisted, loans for bad credit, consolidation loans, pay day loans, online loans up to R 150 000.00. Don’t pay to get a loan let us help you free of charge. Please note you cannot apply for any finance if you are under debt review or admin order, have a look at END YOUR DEBT clear all your debt legally in two years, what to start over with a clean clear credit record then this is for you or DEBT REVIEW

End Your Debt – Be Debt Free In 2 Years

This product offers you the chance to clear all your debt and start over. Sounds too good to be true, well it is. This is not a quick fix, this is a commitment to your future and if you are serious about  starting over then you cannot not apply for END YOUR DEBT. This is not a consolidation loan, debt review or any type of finance, it’s a cash sequestration, not a normal asset sequestration. Contact Us now and we will give you all the details  to get you out of your debt, paying only a portion of your debt back, with no interest charges and starting over in 2 years. Have you tried all over to get a personal loan, blacklisted loans, consolidation loan or any type of bad credit loan finance with no luck. Well then if you want to make a commitment to your future and be debt free, this is your solution. Please note that we are not advertising this product as a quick fix, we offer this to clients who want to commit in clearing their debt legally and have peace of mind that we will assist you in every possible way we can as we know that debt can be a very stressful situation.

APPLY NOW and get your financial freedom back…

Loans For Blacklisted Clients

Being blacklisted does not mean you can’t get any credit. At TA Consulting we can get you a loan even if you are listed on ITC whether you have judgements, defaults, garnishees, listed as a slow payer or if your credit score is too low. We offer blacklisted loans, pay day loans, personal loans, short term loans and long term loans.

Why apply through us?

You can do the whole process from the comfort of your home or office, no need for original documents either.

Why apply with us for a personal loan?

Our service is free, we do not charge any upfront fees and you don’t have to pay to get a loan, as nobody can guarantee that you are going to get it, so you will just be throwing money down the drain. When a company does charge, they do not put in as much effort to get you a loan.

If we are able to assist you with a blacklisted loan, make sure you pay the loan on time every month as this will help increase your credit worthiness, and this will increase your chances of getting credit easier in the future. Don’t apply at more than one company at a time as this will only decrease your chance of getting a loan, reason every time you apply your ITC score decreases and this will impact your chances of getting a loan. At TA Consulting we offer a wide range of products to suite your needs. We will assist you in every step of the process and our aim is to make the application as easy and fast as we possibly can.

Let us help you get a blacklisted loan, APPLY NOW…

 

End Your Debt – Be Debt Free

This is a new and exciting product, which we have the pleasure of making a leading market trend.

Tired of your debt? Do you want your life back? No more sleepless nights about debt! No more phone calls from your creditors or collection agencies! Ease of mind and ease of pocket with immediate effect!

Then this product is for you! Clear your debt and name legally in 2 years ONLY! BE DEBT FREE! END YOUR DEBT TODAY!

Welcome to the new face of TA Consulting

A hearty welcome from the TA Consulting team to our new Website. Please view all our available products and if you find one that suits your needs, feel free to apply via our new Online Application Form. We would like to here from you, so feel free to either leave us a comment or contact us via our Contact Us page. Have a wonderful experience.