Yes, it is possible to remove yourself from Debt Review, but it involves a complex process that requires a good understanding of the legal procedures involved.
Removing Debt review typically requires professional assistance, especially if it involves legal proceedings or negotiations with creditors. If there are issues with your debt counsellor or if they’re no longer practicing, you may need to seek assistance from the NCR or another registered debt counsellor.
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Here are the general steps you would need to follow should you wish to remove yourself from debt review:
- Removing yourself from debt review can be challenging but achievable if you understand the legal process.
- You will need to gather all necessary documents, which may include proof of income, such as bank statements, payslips, paid up letters, creditor updated balances etc.
- If you choose to remove yourself from debt review, you will need to handle your own court case. This involves understanding the court process and making sure you collect all the right documents from the right people.
- After leaving debt review, it’s important to monitor your credit, limit new debt, and make on-time payments to your credit providers.
Please note that while it’s possible to remove yourself from debt review, it can be a daunting task that requires a significant amount of time and effort. Therefore, it’s always a good idea to seek professional advice before deciding to remove your debt review status by yourself.
Got More Questions? We have gathered the most frequently asked questions about exiting debt review here.
