Debt Therapy Debt Therapy

Can my creditors refuse to accept lower payment under the debt review plan?

There are very few cases where we don’t come to an agreement with creditors for reduced payments. This will then be challenged in court if we see merit in the case.
The critical thing when being under debt review is to be committed to the new, reduced, payment plan. If payments are missed your creditors have the right to terminate your debt review.

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Debt Therapy (Pty) Ltd
Unit 9
1st Floor
Time business park
37 Blaauwberg Road
Cape Town
7441 Debt Therapy