ZM
Zelmarie M

1 reviews | Active since Nov 2017

07 Nov 2017, 08:59

Need urgent assistance regarding Debt Counselling please!!!

I have been under Debt review since April 2014, and have paid over R150k towards my debt to date. To my surprise when I wanted to see how things were going I found that after 3 1/2 years of paying I have only decreased my total debt amount with R6000.00. I have requested statements from the creditors and received 2 out of the 9. On the 2 statements received the creditors are both charging more interest, insurance and admin fees than what is being paid to them per month. As per the court order my debt should be paid up in 7 years. How can this be if after paying over R150 000.00, but the total amount owed to the creditors only decreased by R6000.00??? Do I then keep paying after the 7 years or should the creditors then after the given time by the Court write off the excess amounts that there still ma be? I have tried sorting it out with the NCR, no luck, I have tried sorting it out with the attorney, no luck, what can I do? There must be something I can do, please help me or direct me!!!

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