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Debt relief
How do you obtain debt relief?
We can provide an overview and find the right solution for you, whether that is debt relief or a voluntary repayment arrangement with your creditors.
If you are unable to repay your debt, you may, in certain cases, apply for debt relief. This means that your debt is either written off or reduced to an amount that the Probate Court assesses you are able to pay under an instalment arrangement (typically over 3 years).
To obtain debt relief, you must meet a number of conditions:
Note: If you are unemployed or have unresolved financial circumstances, it may be more difficult to have a debt relief application approved.
Debt relief is a complex process that can be difficult to navigate on your own. The Probate Court assesses your finances and sets a budget under which you pay an agreed amount to your creditors. If your application is rejected, you may try again later or explore voluntary debt resolution.
Debt relief may be relevant for both personal and business debt in connection with bankruptcy.
We will guide you safely through the application process, giving you the best chances of obtaining debt relief. Contact us today for a non-binding assessment of your case.
Call now or book a free consultation.
If you are unable to repay your debt, you may, in certain cases, apply for debt relief. This means that your debt is either written off or reduced to an amount that the Probate Court assesses you are able to pay under an instalment arrangement (typically over 3 years).
To obtain debt relief, you must meet a number of conditions:
Note: If you are unemployed or have unresolved financial circumstances, it may be more difficult to have a debt relief application approved.
Debt relief is a complex process that can be difficult to navigate on your own. The Probate Court assesses your finances and sets a budget under which you pay an agreed amount to your creditors. If your application is rejected, you may try again later or explore voluntary debt resolution.
Debt relief may be relevant for both personal and business debt in connection with bankruptcy.
We will guide you safely through the application process, giving you the best chances of obtaining debt relief. Contact us today for a non-binding assessment of your case.
Call now or book a free consultation.
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