Debt Review Removal
Ready to move forward with your life? Debt Review Removal can help clear the Debt Review label from your credit profile – legally and permanently.
If your financial situation has improved, you may qualify to be legally declared no longer over-indebted.
Let’s help remove your flag & improve your credit status.
Free assessment. Trusted legal experts. Get a grip on your credit score.
Debt Review Removal:
Clear Your Name & Take Financial Control
Struggling to access new credit or loans?
Missing out on opportunities due to debt review restrictions?
Feeling stuck & no longer over-indebted?
Debt Review Removal
Process & Steps:
Free Assessment
Consult with a CreditSmart Debt Advisor, to see if you qualify to exit Debt Review. You must currently be under Debt Review and earn more than you spend.
Successful Application
Send us your signed application and required documents to get the ball rolling.
Instruction to Attorneys
Once 50% of the fee is paid, we are ready to start the legal process. Your file is on its way to our legal experts.
Court date Received
Your case is officially in motion! We’ll notify you as soon as a court date is confirmed.
Court Order Granted
You’re one step closer to removing your Debt Review status. Our expert legal team ensures that the process moves forward, smoothly.
Final Payment Received
You’ll receive your court order and official letter confirming you are no longer over-indebted.
Status Change Request
Your court order is sent to the National Credit Regulator (NCR) to instruct the credit bureaus to update your status.
Status Updated
Congratulations! You are no longer flagged as over-indebted. Your financial future just got a major upgrade.
Insightful Debt Review Removal Articles
Frequently Asked Questions
How long does the debt review removal process take?
Kindly note that the removal process is subject to the court’s diary and usually takes three to four months, as the hearing date is allocated by the clerk of the court and falls outside of our legal team’s control.
Does the full amount need to be settled before your debt review flag is removed by reputable credit bureaus?
Please be advised that the full outstanding debt review removal amount (including our fees, which cover legal costs) must be settled before we serve the granted order on the National Credit Regulator (NCR) for the purpose of updating your credit status. Should there still be outstanding fees on your account we reserve the right not to provide you with the granted order.
Can my application for debt review removal be rejected in Court?
Yes, the Court can reject your application. Most commonly, if one or more of your credit accounts are still in arrears. If this happens, you will need to settle the outstanding amounts and may only reapply once your financial situation has improved. It’s important to ensure your accounts are up to date before initiating the process, as this strengthens your case and increases the likelihood of success.
Am I going to be able to obtain new credit once my debt review flag is removed?
You are legally allowed to apply for credit again after your credit status has been updated. However, credit providers may still assess your risk based on your credit history, affordability, and previous defaults. Your credit score may still need time to recover, depending on how your accounts were managed during debt review. Remember: slow and steady is the best way to start rebuilding your credit score.
Do I need to appear in Court?
No, your legal representative will attend on your behalf.
Is this process included in the fees I already paid during my debt review journey?
No, this is a separate legal process and is not covered by your current debt review payments.
Will credit providers still see that I was under debt review before?
No. Once the debt review flag is removed, your profile will no longer reflect that you were under debt review. However, your payment history may still show missed payments or defaults if they occurred.
What Our Clients Say
Thank you very much for being so diligent in your work… You guys are the best in what you do. I always recommend people to you. Your service is very professional.
Nakedi
If you are ever looking for a professional reputable Debt Review company, look no further than CreditSmart. My experience with this company has been very smooth. It was supposed to be a five-year review, but with their help, I was able to do it in four years.
Nakedi
You had me bursting out in tears when my clearance email came through… THANKS BE TO GOD. Dealing with CreditSmart has been a true blessing and walking this Debt Review journey with CreditSmart has been the best decision I have ever made. Thank you for treating me with so much respect and dignity.