What is a debt counsellor in Durban?

Rather than making debts disappear overnight, a debt counsellor in Durban is responsible for advising and planning a budget within which financially strained consumers are able to pay off their creditors before the consumer suffers the negative consequences of bad debt. This may take a number of months or years, depending on the individual’s situation. The counsellor will also negotiate the new financial plan with creditors and seek legal intervention to implement the new payment plan with them if necessary. The protection afforded by a debt counsellor also enables them to protect the consumer’s assets from seizure and safeguard the consumer from harmful legal action taken by the creditor.

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DEBT COUNSELLOR DURBAN | What is a debt counsellor in Durban?