Tuesday, 17 April 2012

What is important when completing an applicatiom form for debt review?





Hi all

We often get incomplete or inacurate application forms forms for debt review and debt counselling with Help with debt. This brings along a few challenges and slows down the application for debt review

The most obvious detail we need is your personal details. Included herein but not limited is your name, surname, id number and your house and postal address.

We also need your banking details just to verify that indeed you are making the application.

Furthermore we need your employment details. Although no forms or notices will be sent to your emplyer, the Act states one of the prescribed issues for debt review applications to be succesfull is that you have income.

If you have any dependants please add their names, ages and relationship to you.

The next part of the application form deals with your various creditors. Please complete as much information as you possibly can

We cannot complete the application for debt review if we dont at least have the following creditor info
Creditor name
Creditor ref number (usually your account number)
Outstanding balance
Monthly repayments according to the original agreement
Interest rate

Please be very thorough in completing the monthly expense portion of the debt review application form

As soon as we have the completed application form we will draft your formal debt review application documents

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