Debt Counsellors

WebsiteWebsite
http://www.libertineconsultants.co.za/
Email IdEmail Id
info@libertineconsultants.co.za
Call Us :- +27 (021) 949 2211
Website:- http://www.libertineconsultants.co.za/ Email:- info@libertineconsultants.co.za

About 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. Julie remained in
the financial industry after leaving Land Bank and continued to market
products to assist the financially overburdened.

Effective Debt Review
Debt review is a solution for debt. It is aimed at helping individuals who
struggle with financial management. A lot of consumers often find
themselves in a state where they are over-indebted. Debt review is
largely targeted at such people to help them overcome and clear their
debts in the most effective way possible.
There are a host of professionals who help their clients in coming off
clean with their debts. When you tend to overspend, you end up
increasing your payments and liabilities and you keep putting your
assets at risk.

Debt Counselling
Debt counsellors are well educated and experienced professionals who
bring in their expertise and provide financial assistance to the individuals.
They largely help people who are bad at managing their money. Debt
counselling is important because it encompasses and helps the
counsellor understand the true financial state of an individual.
Debt counselling is done to see the situation of one’s loans, bills, debits,
credits, mortgages etc. Based on the prevailing condition, the counsellor
then plans out a monthly budget for the client. This budget is done to
meet his expenses as compared to his income. Debt counselling teaches
a person how to plan expenditures and incomes. They make them
understand various aspects of a debt and guide through the process of
clearing the same.

Advantages Of Debt Counselling
Debt counselling helps in effective debt mediation. The skilled
professionals customise plans for every individual. They always try and
plan a method that does not just help their client meet their debts but
also leave some extra money to meet their regular expenditures.
Through proper debt counselling, a debt counsellor acts as an inter-
mediator between his client and the creditors. Through debt counselling
one can also negotiate with the creditors and get reductions on debt as
well.
It is emotionally relieving for a person to know that he would be able to
clear all his dues and debts. Debt counselling helps an individual get
back on his feet again. You can once again experience good life, free
from the burden of debt.

Consolidate Debts Successfully
First a professional observes and analyses one’s debts, incomes and
spending pattern. Based on these, a special plan is drawn up to meet
an individual’s expenditures every month. To consolidate debts may
not always be the right option for every one. But this is why one hires a
debt counsellor, to get advise on the debt repayment. So you basically
identify the total load of the debt, create a customised monthly budget
and then plan your course of action based on the consolidated debt.
Now one may debate the role of debt counsellors here. People feel
they too can do the same on their own. But counsellors always keep a
track of one’s expenses and supervise all through. This process helps
one in paying off the debts very quickly by sticking onto a particular
budget plan.

Debt Lawyer Guide You
1. Must be willing to put in longer hours of work
2. Must have good interpersonal skills to achieve a comfort level with the
client and help them better
3. Must have a good eye for details, they must study the company’s
assets and liabilities well to be able to present a clear picture before
the court
4. Must have effective and quick decision-making abilities
5. Must possess a sound logic and reasoning powers
6. Must have the capability of analyzing and processing huge amount of
data at the same time
7. Must be ready to face challenging situations
8. Must have a good knowledge about the legal matter and upgrade his
knowledge often
9. Must have a great capability of convincing and renegotiating with all
the parties involved

Assess Your Debts With Debt Consultants
Debt consultants are good at restructuring debt and they bring this
expertise to the business or company of their clients. A debt consultant
helps a business by providing a good debt settlement program. They help a
company manage their debts better. Their basic job is to help the company
become debt free in the shortest and fastest time possible.
They first try to take their clients out of the debt and then help them
stabilise their financials slowly. They try to reverse their money flow by
channelizing them correctly in right direction. The greater the experience of
a debt consultant the higher his salary.

Consolidation Of Debt For Booming
Your Financials Again
Consolidation of debts sounds complicated to most people. They often
are found questioning whether consolidation of debts is advisable or
not? Yes it sure is. It allows one to roll out higher debts by managing
one single debt. It is much easier than paying all debts individually.
The most commonly used method of consolidating debts is calculating
one monthly payout that would be affordable enough for the client in
question to pay. They help cut down the monthly costs of a client
affectively. Consolidation of debt helps you a great deal in knowing
when exactly you would pay off your debts completely.

Methods Of
Consolidation Of Debts
Consolidation of debts can be done in various ways. It is actually
dependant on the amount of the debt, the interest rates prevalent at that
time, the time period involved and host of other factors. These methods
differ from one individual to the other. Here the basic methods of
consolidation of debts.
Transfer of balance: this method actually transfers all your money that
you have in a higher interest paying credit card to a lower interest paying
card. The lesser the amount of interest, the lesser your debt. Debt
settlement – when an individual or a company cannot pay the debts off in
full, they call in for this debt settlement. Here one ends up paying less
than what he actually owes. The individual in question is also subjected
to harsh credit penalties.

Contact Us
Libertine Consultants
7 Voortrekker Road
Bellville,
Western Cape, South Africa
7530
Call us:-
+27 (21) 949 2211
Fax:
0866 90 66 24 / +27 (21) 949 1156
E-mail:- info@libertineconsultants.co.za

Debt Counsellors

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Debt Counsellors