Debt Therapy Debt Therapy

What is the process to be placed under debt review and being protected against creditors?

These are the basic steps involved:

  • First you fill out an application form and submit all relevant documentation.
  • Then we will look at your monthly budget in detail together with you and agree on a monthly debt repayment that makes sense for both you and your creditors.
  • We will officially place you under debt review, which means that you are legally protected against your creditors and they cannot take legal action against you while we re-negotiate your debt and new payment plans.
  • We will then contact all your creditors in order to put the new payment plan in place.
  • You will start paying the 1 bulk payment as soon as possible, usually month end, to the Payment Distribution Agency – which then in turn distributes your funds to all your creditors.

Get out of debt now:

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Call Us: 086-11-11-863

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