Debt Mediation is a process in which the “Mediator”, who is an independent person, acts as a facilitator to assist the borrower and lender/consumer to reach a mutually satisfactory settlement to their dispute.
Mediation could potentially solve your problems and be part of the process to help you on the road to resolving and working your way out of difficulties. It also represents good faith by both lender and borrower.
Mediation also tends to be significantly more cost effective than litigation. By avoiding the need to go to court, the parties involved in Mediation avoid the accompanying costs in both time and money.
YOUR financial situation to this world is usually determined by what remains after your bad habits are subtracted from your good ones.
Principal factors of Debt consolidation
There are multiple factors to Debt Mediation:
- Minimum Installments are 50% of your current installment
- Payment distribution done by nationally appointed P.D.A (Payment Distribution Agency)
- Retain credit worthiness
- No property/housing bond or motor vehicle payments are allowed under the Debt Mediation Program
- You can stop whenever you feel you have satisfied your budget
You may also contact us @ :
Mobile – 081 501 2967
Fax – 086 465 1445 / 086 465 1402
eMail – email@example.com