A few articles that will help you understand each topic a lot better!.

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Only 2 Months Left Before Christmas: How to Plan Ahead

With just two months left before Christmas, it's time to start planning to ensure a stress-free and enjoyable holiday season. Here are some tips to help you get organized and make the most of the time you have left.

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 Understanding How to Exit Debt Review Voluntarily 

Are you currently undergoing a debt review process and wondering about the options available for exiting the process voluntarily? It's important to be aware of the legal avenues for withdrawing from debt review.

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Understanding the Process of Cancelling Debt Review in South Africa

At Libertine Consultants, we understand that debt review is not an easy process. Even though our clients realise that they need to make big changes in order to get their finances under control, it can still be tough to tighten a belt that was already pretty snug to begin with. As such, we often hear the question β€˜Can I cancel my debt review?’

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How does debt review protect you from reckless lending?

Debt review is a process designed to assist consumers who are struggling to manage their debts. One of the key benefits of debt review is its ability to protect consumers from reckless lending practices.

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Can you get a house under debt review?

A common concern among individuals under debt review is whether they can still secure a house. Debt review is a formal and closely managed debt solution aimed at providing relief to over-indebted consumers.

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 What is the 60-day rule for debt review?

The 60-day rule for debt review is an important aspect of the debt review process that is aimed at providing protection to consumers. When a consumer applies for debt review, their creditors are required to stop any legal action or proceedings against them for a period of 60 days.

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 What is reckless lending?

Reckless lending is a significant issue that affects many consumers in South Africa. It is crucial for individuals to be aware of their rights as consumers and to have a good understanding of the regulations set forth by the National Credit Act (NCA) before entering into any credit agreements with credit providers.

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Is debt review a good idea?

Debt can be a heavy burden to carry, impacting your finances, credit score, and overall well-being. If you're feeling overwhelmed by debt, you might be considering debt review as a potential solution. But is debt review a good idea?

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Understanding Prescription Laws in South Africa
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Understanding Prescription Laws in South Africa

Prescription laws in South Africa are of great importance to both creditors and debtors. It is essential for consumers to be aware of their rights and obligations when it comes to debts, especially with regard to the Prescription Act, Act 68 of 1969.

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What You Need to Know About Debt Review
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What You Need to Know About Debt Review

Debt review is a method designed to assist consumers who are struggling to manage their debts. It is a formal and closely monitored process, intended to provide relief to individuals who find themselves in over their heads when it comes to debt obligations.

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 Understanding the Legal Implications of Late Recordal in Instalment Sale Agreements
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 Understanding the Legal Implications of Late Recordal in Instalment Sale Agreements

We recently came across a significant legal judgment that we believe is important to remember and understand. In the case of Amardien and Others vs Registrar of Deeds and Others (CCT212/17) [2018] ZACC 47, the Constitutional Court was tasked with addressing two critical issues related to the Alienation of Land Act (ALA) and the National Credit Act (NCA).

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How fast can I get out of debt review?
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How fast can I get out of debt review?

Are you feeling overwhelmed by the debt review process and wondering how long it will take to get out of it? Exiting debt review can be a daunting process, but with the right steps and guidance, it is possible to achieve financial freedom.

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Understanding Arm's Length Transactions and Credit Agreements under the NCA
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Understanding Arm's Length Transactions and Credit Agreements under the NCA

If you are planning to enter into a loan agreement with a friend or family member, it is essential to understand the definition of "arm's length" transactions and "credit agreements" under the National Credit Act (NCA). The recent ruling of the Supreme Court of Appeal (SCA) in a case involving an appeal on the issue of whether a loan and an acknowledgement of debt (AOD) were subject to the NCA provides valuable insights into these concepts.

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What are the disadvantages of Debt Review?
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What are the disadvantages of Debt Review?

Debt review is a process that is designed to help individuals who are struggling with debt. It is a formal process that involves the assessment of an individual's financial situation and the development of a repayment plan that is affordable. While debt review can be an effective way to regain control of your finances, it is important to understand the disadvantages of debt review before making the decision to enter the process.

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Understanding the Obligations of Credit Providers in South Africa
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Understanding the Obligations of Credit Providers in South Africa

As a consumer, it's important to be aware of your rights and the responsibilities of credit providers when entering into a credit agreement. The National Credit Act (NCA) regulates credit agreements in South Africa and sets out obligations for both consumers and credit providers.

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