Debt Review Cancellation
We are here to help you to become debt-free and take back control of your finances
We believe in putting the client first, we follow a strict set of guidelines and rules put in place by the National Credit Regulator (NCR). We believe in transparency and being with the client from steps 1 to 10.
How does this work? 
At LDM Services we follow the industry standard 10 step process, we are with you every step of the way.
Step 1

You will fill in the application form for assessment and submit the required documents. Either Online or Via E-Mail
Step 2

Our Registered Debt Counsellor will contact you to evaluate your state of Indebtedness,
Step 3

Our Debt Counselor will make recommendations and send legal notifications to all your creditors
Step 4
Your Creditors will then respond with updated balances and paid up letters.
Step 5

You start to pay the premium.
Step 6

Once all your documents are gathered, the file will be submitted to our legal department for preparation. These documents need to have been submitted: Initial Application, Creditor Responses
Step 7

Court Documents have now been created, our legal team will contact you to request that you visit one of our branches.
Step 8

Once all your court docs are signed by all relevant people, the matter will be referred to a magistrate. These people will have to have already signed now: Client, Debt Counsellor, Attorney
Step 9

The Magistrate will now reveal his desision.
Step 10
If the case is granted in our favor, our Debt Councilor will then send out notifications to all credit Bureaus to get the Debt Review listing removed from your name.
Frequently Asked Questions? 

Frequently Asked Questions?
These are some of the most frequently asked questions we are asked on a regular basis
These are some of the most frequently asked questions we are asked on a regular basis.
How long does the Process take?
The whole process from the moment we receive your application till your name has been cleared off Debt Reviews takes between 6-8 weeks as soon as you have fully paid your Debt Review Cancellation fee.
How much will this cost me?
We charge a total of R6000 to clear your name off Debt Review. You can either pay this in one single amount or split it to up to 3 Months.
What if I'm married in Community of Property?
If you are married in Community of Property, both spouses need to apply jointly as you both will be listed under Debt Review. This brings the cost to R8000 for joint applications to remove your name’s from Debt Review.
What if I have not completely paid my previous Debt Counsellor?
You will first have to settle the outstanding amounts with them before we can assist you as they will not hand over your transfer letter till they have been paid up to date in full.
Do you need more information? 
Let us contact you.
Do you need more
information?
Let us contact you.
