How do you check if debt review has been removed?

The consumer can apply to the court that issued the order to withdraw the debt assessment court order. The debt review removal process mentioned above is a legal process and you need an excellent team of experts to remove the list of debt checks from your credit profile. The indicator for the first debt check in your credit file does not mean that you are over-indebted and are undergoing a debt check. Please be sure to contact your debt advisor before you request removal of the debt check and determine whether the court order was actually issued.

Can you cancel your debt check?

It

would be unfair and would go against the spirit of the National Credit Act, as he or she is in fact no longer over-indebted, as he or she is in fact no longer over-indebted, as he or she is able to pay his creditors directly without the need for a debt check. Speeding up your repayment could be beneficial if you received an interest rate subsidy in the agreement, as you could pay off your debts earlier than if you were not under debt review. In many cases, when creditors receive notification from a debt advisor that a customer is undergoing a debt review, they can contact the customer to make other arrangements.

How long does it take to remove the debt review status?

If you’re wondering how to delete your name from the debt check after withdrawing from the process, the same applies. The debt audit removal process takes 3 to 6 months and longer if there are complications. How long the debt review process takes depends, among other things, on the amount of debt you have and how much you can afford to repay it. Once you have repaid all of your debts listed in your debt review repayment agreement, or all of your short-term loan agreements have been paid in full and your mortgage repayments are up to date, you can request an approval certificate from your debt advisor.

References: