Debt Counselling is a formal legal process that provides for a consumer to be declared over indebted and for the Debt Counsellor to negotiate a restructured payment plan and obtain a court order confirming the new repayment plan. … The NDMA uses the services of a registered debt counsellor

If you ever found yourself deep in debt and then turned to the internet for a solution, you’d find much information on a service called debt counselling. Otherwise known as debt review, this process is designed to help over-indebted South Africans regain control of their finances by restructuring their debt according to a legally approved plan. But debt review is not the only game in town, and many people will ask “What about debt consolidation?”