Many consumers who had legal action taken against them, especially with Emoluments Attachment Orders being deducted from their salaries, have approached our company in the past requesting assistance.

Seeing that we were unable to assist these consumers through debt counselling, it was decided that the company should expand its services to include debt administration as well.

The ability of administration orders to remove legal action has proven itself a great asset to our clients.

Our administrators are handled entirely separate from debt counselling applications and do not interfere with any of the other departments.

As with debt counselling, the process is explained in detail by the consultant:

1. Communication with creditors
a) Notification of Application for an Administration Order.

2. The legal implication of the Administration Order
a) Credit Bureau listing.
b) Deduction via and Emoluments Attachment Order.

3. Fee Structure
a) Initial fee: (for the Free State Province):
R430-00 or R860-00, depending on the number of creditors.
b) Legal fee: R850-00
c) Monthly fee: 12% of each instalment

4. Responsibility of the consumer
a) Although the consumer does not need to pay the monthly instalments over himself, he needs to inform the administration if he becomes unemployed or moves to a different employer.

5. Effect of the administration order on outstanding balances
a) Due to the vastly decreased instalments paid through administration, a consumer’s outstanding balances might increase due to interest.