DEBT MEDIATION

What is Debt Mediation?

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Debt Mediation refers to a process in which a consumer and a credit provider negotiate the reduction of the consumer’s monthly repayment commitments as well as the interest being charged.

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Debt mediation is an alternative to bankruptcy or debt consolidation that seeks to settle debts with your creditors for less than the amount owed. 

 

At Clear Review we are here to take over the negotiating process. We will do the debt mediation on your behalf to ensure that you feel certain and relieved.​

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How does Debt Mediation work?

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Clear Review Consultants will deal with your creditors by acting as your personal negotiator.

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Debt mediation doesn’t involve obtaining a court order. However, If your credit provider threatened to take legal action against you, they would be within their rights. 

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Whilst under debt mediation only a portion of your instalments may be reduced. 

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Debt mediation does not provide consumers with protection against the repossession of their assets or having unlawful garnishee orders attached to their salaries. If you do want certain instalments and interest rates reduced, you debt mediator would need to negotiate with credit providers on your behalf. 

 

 Your financial situation will be assessed to see if you qualify for debt mediation. if you do qualify, Clear Review Consultants will appoint a debt mediator to negotiate for you.

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    LET US HELP YOU

• Take home MORE MONEY 

• Reduce your monthly expenses up to 60%

• No more disturbing phone calls

• No summonses and garnishee or black listing from attorneys

• You are NOT placed under administration 

• No harassment by debt collectors, call centers and lawyers

• You remain credit worthy

• This is NOT a DEBT REVIEW PROGRAM

• You only pay ONE instalment monthly

• Your affordability is enhanced