Posted by: delia | 2018/06/07 13:05
I have been under debt review and it ended when the debt counselor decided to cease payments she just cut ties and to this day we still can’t reach her ,her office is no longer exist and her contact numbers goes unanswered. One of my creditors had cancelled the debt review and now I am paying my creditors directly. There are small amounts owing . I need to get my name off the credit bureaus with regard to my “UNDER DEBT REVIEW” status. How can I do this?
Posted by: Neil Roets | 2018/07/11 12:56
In order to remove the debt review status from your name, you have the following options:
- If a debt review court order was granted, you need to appoint an attorney to rescind the court order and declare you to be not over-indebted. The debt review flag can be removed as soon as the order is rescinded;
- If a debt review court order was not yet granted, you need to appoint an attorney to bring a court application declaring you no longer over-indebted. The debt review flag can be removed as soon as the court order is granted;
- If all the debt, except the home loan, have been settled in full and the home loan is not in arrears and you can afford the future installments on the home loan, a debt counsellor can issue a clearance certificate. The clearance certificate can be issued by any debt counsellor, it does not have to be issued by the original debt counsellor. The debt review flag can be removed as soon as the clearance certificate is issued.
The debt review flag needs to be removed on the NCR system, which the debt counsellor usually does. Since the debt counsellor is no longer practicing you will have to provide the NCR with any of the abovementioned documents and request them to update your status.
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