In Sync Debt Counsellors In Hercules

We are registered Debt Counsellors practising under the scope and practice of the National Credit Act and National Credit Regulator (NCR). We have more than 20 year’s expert knowledge of the Legal Industry, Consumer Affairs, and Debt Management Services. We have partnered with accredited institutions to provide market-leading advice, service, and solutions to our clients.

Debt Review and Debt Counselling are the same. It is regulated by the National Credit Act that prescribes a legal process which:

⦁ Improves a consumer’s monthly finances
⦁ stays legal action by creditors and repossession of assets.

When a Consumer’s finances are placed under debt review by way of a court order, one single monthly instalment is collected from the Consumer’s bank account which is divided between the creditors. This will continue until all debts are fully settled. Upon the granting of a formal Court Order the consumer is placed under debt review. The Court Order is registered on the Consumer’s credit profile at the credit bureaux. The Consumer will therefore not qualify for any new credit until the Debt Counsellor issues a Clearance Certificate when all the debts that were included under the Court Order are settled in full. The Consumer however, has the right to settle any debts earlier than what the Court Order provides.