DEBT REVIEW
Debt Review Attorneys in Cape Town
If you are struggling to keep up with your monthly debt repayments, you are not alone. Debt review is a legal process designed to protect over-indebted consumers from legal action while restructuring their debt into affordable instalments.
HB Attorneys Inc. assists clients with debt review applications, court processes, and debt review litigation across South Africa.
We help you regain financial control lawfully and strategically.
What Is Debt Review?
Debt review (also known as debt counselling) is a formal legal process regulated by:
- National Credit Act 34 of 2005
If you are declared over-indebted:
- Creditors may not take legal action without following proper procedures
- Monthly instalments may be restructured
- Interest may be adjusted
- You are protected from harassment by creditors
Debt review offers structured financial rehabilitation.
Who Qualifies for Debt Review?
You may qualify if:
- You cannot meet your monthly debt obligations
- You have fallen into arrears
- You face repossession or summons
- Your income no longer covers your expenses
- You are at risk of judgment
We assess your financial position and advise whether debt review is appropriate.
Our Debt Review Services
We assist with:
- Applications for debt review
- Court applications to restructure debt
- Opposing creditor enforcement during debt review
- Termination disputes
- Rescission of judgments
- Defence of repossession proceedings
- Advising on withdrawal from debt review (where appropriate)
We protect your rights throughout the process.
Protection from Legal Action
Once under debt review:
-
Credit providers must follow strict procedures before litigation
-
Enforcement may be stayed
-
Repossession can often be delayed or challenged
-
Creditors must participate in the restructuring process
Legal guidance is crucial to ensure compliance and prevent abuse of process.
Restructuring Your Debt
Debt review may include restructuring:
- Home loan repayments
- Vehicle finance
- Personal loans
- Credit cards
- Store accounts
The aim is to create a realistic and sustainable repayment plan.
Defending Creditors During Debt Review
Credit providers sometimes:
- Attempt to terminate debt review prematurely
- Issue summons despite pending review
- Seek repossession unlawfully
- Misapply payments
We represent clients in defending and enforcing their debt review rights.
Is Debt Review the Right Option?
Debt review is suitable for consumers who:
- Have regular income
- Wish to repay their debts
- Need legal protection from creditors
It is not suitable where there is no income to support repayments.
We provide honest, practical advice about your options.
Contact HB Inc. Today
If you are overwhelmed by debt or facing legal action from creditors, contact us today.
Let us help you take the first step toward a more secure and peaceful future.
● Phone: 072 853 5600 | 074 347 3776
● Email: brandon@hbinc.co.za | havashini@hbinc.co.za
● Website: www.hbinc.co.za
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