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Comprehensive Debt Review Services by JJ Pienaar: Your Path to Financial Stability

JJ Pienaar offers efficient and effective legal services focused on debt review to assist over-indebted consumers. Our professional team provides cost-effective solutions while ensuring a warm and welcoming atmosphere for our clients. We aim to protect consumer rights and rehabilitate debt obligations without loss of dignity or legal repercussions. Our legal expertise includes evaluating financial situations, restructuring payments, and negotiating with creditors to provide a second chance for financial recovery. Contact us today for comprehensive support.

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Comprehensive Debt Review Services by JJ Pienaar: Your Path to Financial Stability

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  1. JJ PIENAAR 2011

  2. MISSION STATEMENT • Efficient and effective legal service • Cost effective services • Professional conduct at all times • Effective feedback and actions • To establish a good relationship with our clients through honesty & a warm welcome at our offices JJ PIENAAR

  3. WHY DEBT REVIEW?? • To assist an over-indebted consumer over a period of financial embarrassment, without the loss of assets and dignity • This will afford the consumer a “second” chance in order to rehabilitate his debt obligations by way of debt restructuring. • The purpose of the Act is to promote and advance the social and economic welfare and protect consumers • AFFORDABLE INSTALMENT WITH PROTECTION AND WITHOUT LOSS AND LEGAL ACTIONS UNTIL YOU ARE ON YOUR FEET AGAIN. JJ PIENAAR

  4. CONSUMER RIGHTS • RIGHT TO • Apply for credit and and not to be discriminated against • Receive contract in an understandable language • Afforded the right to know details of information held by a Credit Bureau • Protection against unfair marketing practices and reckless credit • Receive documentation when requested • Confidentiality and privacy • Apply for Debt Review and re-arrangement in case of over- indebtedness • Cooling off clause in terms of case of leases and installment agreements at locations other than business premises • Right to receive statements of accounts JJ PIENAAR

  5. The DEBT REVIEW process • When a Consumer realise he/she is over-indebted or received a letter • of demand (Sec 129 letter) from a Creditor, he/she may go to a • Registered Debt Counsellor (DC) and apply for Debt Review • The Debt Counsellor will then evaluate all the information provided , make a • determination, and advise the consumer • If a consumer is over- indebted, the Debt Counsellor will restructure the • installments to the maximum affordable amount, and notify the Credit • bureaus and the Credit Providers thereof • For the following 60 days, the Debt Counsellor negotiate with the Credit • Providers • No Credit Provider may take any further legal steps to collect from the • Consumer during this 60 days • The Debt Counsellor have to refer the matter to the Court within the 60 days • to get a Debt Counselling Order , making the restructuring final. JJ PIENAAR

  6. IN PRACTICE JJ PIENAAR

  7. WHO’S DOING WHAT? JJ PIENAAR

  8. Fee structures • What are the maximum costs for a Debt Review Process? JJ PIENAAR

  9. JJ PIENAAR

  10. Need more information regarding the Debt Review Process? ____________ Refer to the back page of the booklet for our contact details. JJ PIENAAR

  11. CONTACT 1 OF OUR BRANCHES TODAY Potchefstroom Tel: (018) 293-1577 Fax: (018) 293-1776 Klerksdorp Tel: (018) 464-2067 Fax: (018) 462-2605 Rustenburg Tel: (014) 592-6408 Fax: (014) 592-3859 Northam Tel: (014) 784-0288 Fax: (014) 784-0274 Mafikeng Tel: (018) 381-5566 Fax: (018) 381-5567 Witbank Tel: (013) 656-6132 Fax: (013) 656-6131 Website: www.hvdmprok.co.za

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