When your debt is paid off under debt review you will receive a letter of clearance. This states that all needed documents have been received by your debt counselor and you have officially been cleared of your debt review status. What this means is that you can now continue your life as a credit active consumer, applying for credit accounts and using as needed.
Clients are then responsible for maintaining their normal home loan repayments. It is important to communicate to a debt counselor if you do not feel you have the ability to continue paying your bond on your own so that we can help you with budgeting tips to keep your financial situation strong. Contact Help With Debt today for your debt advice and assistance.