Debt Consultants
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Debt Consultants



Come to Libertine Consultants for FREE debt counselling from our qualified debt advisors on Debt Consolidation.

Come to Libertine Consultants for FREE debt counselling from our qualified debt advisors on Debt Consolidation.



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Debt Consultants Presentation Transcript

  • 1. Website Email Id Email:
  • 2. About Libertine Consultants Welcome to the home of Libertine Consultants - Get FREE debt counselling from our qualified debt advisors on Debt Consolidation. Ethical financial help is hard to find. We offer our clients transparency in the various ways we can help them in their current financial difficulties. Debt consolidation may be a viable option for many people who feel they need help clearing their debt. Its combining your payments into one monthly amount could seem appealing. Get started by contacting us for debt counselling.Website:- Email:
  • 3. Debt Management Team The Company is a registered close corporation with registration number 2008/148827/23. We are also registered with the National Credit Regulator under registration number NCRDC592. There are two members of the company, namely Julie Duminy and Kim Armfield. Julie Duminy is the head of Client Liaison. Julie was a Micro-Finance Agent with the Land Bank for a number of years and also held workshops to train and eductate people in budgeting and saving. Kim Armfield is the legal adviser and the sole director of her attorney firm. Kim started her career in 1989 in an attorneys debt collection department and her 10 years in debt collection has proven invaluable.Website:- Email:
  • 4. Debt Consolidation There are many ways to consolidate your debts. In most cases you can consolidate your debts or outgoings into one lower affordable monthly payment. We offer the following three products to assist over-indebted consumers:  Debt review  Voluntary distributions  Sequestrations  Administration of Estates  Business Rescue & Turnaround  Consolidation Loans  Credit ClearanceWebsite:- Email:
  • 5. Benefits of Debt Consolidation  Replace multiple debt repayments with a single monthly payment  Cut your monthly costs  Know exactly when your debts will be repaid  Stop juggling multiple debts - and multiple lenders  Write off the debt you cant affordWebsite:- Email:
  • 6. Debt Review (Debt Counselling) Debt counselling is a form of debt consolidation in that one payment is made for all creditors, but it is not a loan. It is a process that has been created by the National Credit Act of 1995 and the process entails the following: A Consumer who is struggling to maintain all his monthly payments will apply to a Debt Counsellor. Once the Consumer applies for debt review, the Debt Counsellor must inform all the Creditors of this by means of a form and the notifies the National Credit Regulator of the application.Website:- Email:
  • 7. Sequestrations This is the most drastic debt-relief measure and is suitable for those consumers whose assets exceed their liabilities. It is a formal process which involves a court application in which it must be shown that the consumer has sufficient assets which can be realized and in order to pay creditors at least 20c/R. Although it is a drastic measure, it is a remedy which clears the debt of a consumer without the actual balances due to the creditors being paid. The consumer may thereafter and within a reasonable time period apply to be rehabilitated in order to re-enter the economic market.Website:- Email:
  • 8. Voluntary Distribution Voluntary distribution has been around long before debt review and it is traditionally an assistance by an attorneys firm to help draft and make offers to creditors on behalf of the consumer. In other words, the attorney becomes the agent or mouthpiece of the consumer in negotiations with creditors.Website:- Email:
  • 9. Business Rescue & Turnaround Business rescue was introduced by Chapter 6 of the Companies Act, 71 of 2008, as an alternative to judicial management and liquidation of a company. It is a measure that should be adopted before the close corporation or company is factually insolvent, as any proposed business plan must in practice envisage the rescue and turnaround of the business.Website:- Email:
  • 10. Contact Us Libertine Consultants 7 Voortrekker Road Bellville, Western Cape, South Africa 7530 Phone: +27 (021) 949 2211 t: +27 (21) 949 2211 f: 0866 90 66 24 / +27 (21) 949 1156 e: Email: