What are the benefits of Sequestration? | Cape Town's Best Debt Counsellors | Meerkat

What are the benefits of Sequestration?

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  • Your debt counsellor will pay creditors on your behalf; creditors will no longer demand payment from you
  • You will have an affordable monthly repayment plan which you would need to agree to
  • No legal action can be taken against you regarding the debt under consideration
  • Your salary still belongs to you. A “garnishee order”, must be cancelled
  • Your credit record is cleared of judgments enabling a clean record