CaseStudy: No 474
SEQUESTRATION OFFERS A NEW LIFE DEBT FREE.
Adele, was referred to me by a friend that saw my ad on Facebook about debt relief. At the moment she had consulted with a debt counseller and she was advised that most of her debt could not be covered in a debt repayment plan as the creditors have already take legal action. They were willing to negotiate the remaining debt into a payment plan that if approved would cost Adele R4400 per month.
So with some debt she faced legal action and with some she could be protected. Not an ideal situation.
Her husband sequestrated 5 years previously and since then all debt was placed in her name. He them left her one day for another woman and a load of unpaid debt.
Adele was fighting fires on all fronts, with creditors calling daily and a pending divorce.
I suggested a sequestration, she was so worried and I had to keep her calm daily. Creditors refused to talk to me and insisted on intimidating her into payment.
Should our application succeed her debt repayment would drop from over R11 000 to just under R2000.
I am please to say that Friday, I had the pleasure of calling Adele and telling here that her application was granted and she was effectively debt free. Her salary was her own again and creditors disappeared.
She was in tears, now she could focus on starting her life over, debt free.
If you would like to talk to me about your situation Call/Sms/Whats App me on 0813166983 or email eugene@nodebt.co.za
Keywords:
debt free; sequestration; no debt; sequestration attorney; sequestrations durban; debt,
EUGENE PRINSLOO
Partner
Meecham, Prinsloo & Associates
Paralegal Practitioners
Located on the South Coast, KZN
We offer professional assistance nationwide through a panel of expert service providers.
Call/SMS/Whats App 0813166983
BBM 288A44F5
BBM Channel PIN C00493F66
Email eugene@skuld.co.za
Fax 0862441324
Blog www.insolvencysa.blogspot.com
Websites:
www.skuld.co.za
www.nodebt.co.za
www.secondbonds.co.za
(Under Construction)
I am able to consult on the following matters:
GETTING RID OF DEBT
1) Insolvency applications.
2) Debt assessments.
3) Debt Review/Debt Counselling.
4) Debt Mediation in terms of the National Credit Act.
5) Removal of debt review, administration orders, and salary attachments/garnishee orders.
6) Credit profile clearance.
7) Any matter related to debt or debt collection where you feel you are being harassed or treated unfairly.
8) Tenant rights and eviction advice.
RENTAL MEDIATION
1) Landlord / Tenant Disputes
2) Blacklisting of bad payers
3) Credit Checks
4) Drafting of Agreements
5) Advice
ASSET PROTECTION
1) Trust registrations.
2) Business registrations.
ACQUIRING DEBT
1) Debt consolidation.
2) Buying a property, getting a home loan.
3) Second bonds.
4) Alternative property finance.
5) Advice on secured and unsecured debts. Short term loans.
6) Buying and financing a vehicle.
COLLECTING DEBT
When you are owed money, whether you are a person or business.
1) Debt collection for individuals.
2) Debt collection for business or Commercial debt collection.
3) Black listing or Default listing of debtors.
4) Debtors management.
5) Credit policy audits.
6) Debtor tracing.
CRIMINAL RECORDS
1) Verification of criminal records for employment or private use.
2) Removal of criminal records.
Disclaimer: Meecham & Prinsloo
Paralegal Practitioners cannot be held liable for any investment/legal decisions made based on the adv
