RESTRUCTURING PROGRAMS
VOLUNTARY DEBT RESTRUCTURING
VDR (Voluntary Debt Restructuring) is an informal debt relief program aimed at creating reduced monthly debt repayment plan based on the living expenses, affordability and financial circumstances of any individual who is financially challenged.
- It is the best solution for all non secured debt e.g. : PERSONAL LOANS, HOSPITAL AND DOCTORS BILL, SCHOOL FEES, CREDIT CARDS, FURNITURE ACCOUNTS ETC…
- VDR it is also an alternative program to Debt Review. It is for any individual who wants to remain credit worthy and in need of help with non-secured debt. (you remain credit worthy while under the program).
- VDR does not legally bind consumers to any condition and it also allows the consumer the choice to choose accounts that need to be restructured.
- We will restructure and combine all your current installments into one reduced and affordable instalment.
VDR WILL BENEFIT YOU AS FOLLOWS:
- No more disturbing phone calls from Call Centre Agents.
- You pay one reduced installment (according to your needs).
- No more legal action against your accounts e.g. Garnishee Order….
- Free budgeting program.
- Distribution done by accredited (PDA) Payment Distribution Agency.
- And many more benefits.
For more info, assessment or application please call us or click the link 'contact me' below and one of our professional and dedicated Agent will contact you shortly.
For more info, assessment or application please call us or click the link 'contact me' below and one of our professional and dedicated Agent will contact you shortly.
DEBT REVIEW
Debt Review is a formal debt restructuring process aimed at assisting consumers who are over indebted or will be if no help is provided.
- Debt Review is the best choice if you want to protect your assets from being repossessed by Creditors, e.g. Your Car, your House, your Appliances and your Furniture.
DEBT REVIEW WILL BENEFIT YOU AS FOLLOWS
- Your assets are protected by a court order from being repossessed by creditors.
- You pay one reduced installment (according to your needs).
- Affordability is enhanced.
- Free monthly budgeting plan.
- Distribution done by accredited (PDA) Payment Distribution Agency.
- Interests renegotiated.
- No more disturbing phone calls from Creditors.
COURT ORDER RESCISSIONS/ REMOVAL
DEBT ADMIN ORDER
Debt Admin order is a formal and legally binding administrative arrangement issued by the courts, that enables consumers to pay only what they can afford each month towards their Creditors.
- Consumer remains blacklisted while under Debt Admin Order.
- It is a formal process to rescind or remove any one who is placed under Debt Admin order.
- Removal of Debt Admin Order will help the consumer to re-establish their credit worthiness and pay off their debt in a shorter period.
REQUIREMENTS
- ID copy
- Latest pay-slip
- Copy of Admin Order
- Proof of address
GARNISHEE ORDER REMOVAL
Garnishee order is a court order served by Sheriff ( or messenger) of the court on the employer, ordering the employer to make deductions from employees salary or wage in settlement of debt owed by the employee to a third party (Creditors).
- Consumer remains blacklisted while paying their debt via Garnishee Order.
- It is a formal ( Magistrate court ) process to remove/ cancel any Garnishee Order.
- Removal/ cancelation of Garnishee Order will help the consumer to re-establish their credit worthiness and pay off their debt in a shorter period.
REQUIREMENTS
- ID copy
- Latest pay-slip
- Copy of Garnishee Order
- Proof of address
DEBT REVIEW REMOVAL
Debt Review is a formal and legally binding Debt restructuring process aimed at assisting consumers who are over indebted or will if be is no help is provided. Consumer is blacklisted while under Debt Review.
- It is a formal process to rescind or remove any one who is placed under Debt Review.
- Removal of Debt Admin Order will help the consumer to re-establish their credit worthiness and pay off their debt in a shorter period.
WHO QUALIFIES
- Any one who has settled their accounts in full;
- Have not been paying accounts for at least 3 years;
- Did not apply for Debt Review.
- For any other case please feel free to contact us.
REQUIREMENTS
- ID copy
- Latest pay-slip
- Proof of address
For more info, assessment or application please call our Legal Dept. 031 100 588 or click the link 'contact me' below and one of our professional and dedicated Agent will contact you shortly.
JUDGEMENTS AND DEFAULTS
JUDGEMENTS
A Judgement is a court order that is the decision in lawsuit, if a Judgement is entered against you – Debt collectors or Creditors will have stronger grounds to institute a Garnishee order or repossess your assets in lieu of recovering money owed.
- It is a formal process to rescind any Judgement against you..
- Removal of Judgement will help the consumer to re-establish their credit worthiness and pay off their debt in a shorter period. Please talk to us about your Judgement.
Who qualifies: Debt must be settled in full or at least 5 years old.
Every person has a different case scenario, please contact us for more information on your matter.
DEFAULTS
Default is a failure to fulfill the obligation of an agreement to repay debt owed to creditors. Let Global Resolute Group help you remove any Default listing on you name. Contact us for more information on your case.
For more info, assessment or application please call our Legal Dept. 031 100 0588 or click the link 'for more info' below and one of our professional and dedicated Agent will contact you shortly.
OTHER DEBT SERVICES
- Credit Score Improve: Improve your credit score by over 100 points over 3 month.
- Manual Update: Update any Arrears accounts that have been settled in full.
- Accounts Clear: Remove or close any Accounts that have not been paid in the past 3 years.
- Enquiries Clear: Let Global Resolute Group help you remove any enquiries on you credit record.