Voluntary Surrender ( Goods or cash):

  • When Debt Review is not a viable option
  • Can’t make your monthly payments
  • Removes garnishees and judgments
  • Stops legal action
  • You only pay per month for 18 months to a curator.
  • There will be a judgement on your credit report until rehabilitation is conducted and concluded.
  • Legal Costs @ R8000, 00 to start this process and then you only pay your contribution amount depending on your outstanding balance in form of instalments over a period of 18 months
  • Legal Costs can also be spread over 2 months @ R4000 per month and then the contribution instalment starts in month 3 for period of 18 months. The rehabilitation applications fees is separated from above.