In Johannesburg debt is a rising problem as many consumers are struggling to keep with the expensive cost of living in the city. Fuel is more expensive, food is more expensive, not to mention all the tolls to get around the city. It is therefore not surprising to learn that Johannesburg has one of the highest rates of debt in the country. Debt counsellors flourish here as consumers increasingly turn to debt review to find relief. This is not a negative thing, as debt counsellors in Johannesburg are providing a much needed service to these overburdened individuals.
Debt counsellors in Johannesburg make it their mission to have a fast turnaround of satisfied consumers who are over-indebted. By quickly and efficiently negotiating with creditors debt counsellors in Johannesburg are making a dent in the city’s rising debt crisis.
A consumer who approaches debt counsellors in Johannesburg should have all the necessary documentation on hand in order to help them speed up the process and lessen the amount of meetings required. The sooner the application is processed by debt counsellors in Johannesburg, the sooner the consumer can begin to enjoy the protection granted by the debt counselling process. This protection includes that fact that assets cannot be seized as well as the fact that creditors cannot take legal action.
Debt counsellors in Johannesburg are protecting consumers whilst ensuring that outstanding debts are settled, therefore nobody loses in the process. The debt bubble in Johannesburg would explode if these debt counsellors were not working so hard. Their first priority is always the consumer and the help they can offer them.
Article written by: Andrea van Tonder 04-2013