Prevent repossession in South Africa
If you need to Prevent repossession in South Africa , you are at the right place.
This is where it all started for us back in 1999. Realizing that insolvency was not the only option for people facing vehicle or house repossessions, we started helping clients avoid repossession.
The first thing you need to understand is that in order to avoid repossession, you need to contact a specialist.
We can even assist you if your house was already sold on auction. You will then be liable for the shortfall. We want to assist you in writing off that shortfall
There is absolutely no one in South Africa that has been preventing repossession than us.
We will make sure that you can prevent repossession of your house
Thank you for assisting us with our debt problems. Your reduced repayment plan saved us. Thumbs up!!
No more calls from creditors and spare money at the end of the month. I am glad I decided on Debt review
My car was about to be repossessed and you stop it. Thank you for your fast and friendly service
Baie dankie vir julle vinnige en professionele hulp. Ek kan nou weer asem haal terwyl ek weet my skuld word betaal.
I did not know where to turn to. Debt was swallowing us. Thank you for assisting us so fast
How to Prevent repossession
Do not hide from your creditors
Banking institutions do NOT want to repossess your house unless there are no other solutions. You may think that repossessing your home will give them a free home they can sell and make a big profit. It doesn’t work this way. They need to get back the money they’ve borrowed you but with decreasing home values, your property may not even be worth what they borrowed you. If they are forced to sell at an auction, they may not get the desired amount that they need, and it also costs them time and money. So, they will be willing to work out some sort of payment agreement with you either by lowering your bond payments, giving you a grace period or redoing your bond. Give your credit provider a call as soon as you realize you are having financial problems and you may just be able to prevent repossession sooner than you think.
If however you have already received legal documentation please give us a call as any informal arrangements that you make after legal action has started may be non-binding and you will still face repossession
Contact a specialist
Although you may feel as though you don’t need our assistance, it is a wise idea to get in contact with us to see what our perspective is and whether we have any advice to give you. We can offer you all kinds of helpful suggestions on what needs to be done to avoid repossession. We can also recommend credit specialists that may be able to help you with your financial situation. By being in contact with us, We will be ready to help you as soon as possible if it does come to you needing us and our services.
Please make use of our free Stop Property Repossession advice , by calling Preventing Repossession. We will be able to professionally assist you privately in the comfort of your own residence. Remember, we are only one phone call away and only one phone call can save you from losing your biggest asset to repossession.
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