DCRS is a set of standard rules agreed upon by the industry that provide voluntary concessions by exclusion of certain charges, adjusting the contractual fees, interest rates and repayment terms on credit agreements that are restructured under debt counselling. The...
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Justin van der Linde will be representing the National Clothing Retail Federation (NCRF) in an annual review sub-committee, which aims to provide procedural and legal solutions for the annual review of debt arrangements and court orders by the debt counsellor. We...
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Consumer Friend noticed that a number of debt counsellors exclude certain credit agreements from the debt review process. After extensive investigations, we approached the transgressing debt counsellors to ascertain their reasoning behind this. A number of reasons...