Debt counsellor
A person registered with the National Credit Regulator to assist over-indebted consumers through the debt-review process.
Definition
Debt counsellor questions can involve NCR registration, Form 16 applications, credit-provider notices, repayment proposals, court or tribunal orders, payment distribution, reckless credit allegations, termination disputes, clearance certificates, and whether a consumer understands the consequences of entering or leaving debt review.
Key takeaways
A person registered with the National Credit Regulator to assist over-indebted consumers through the debt-review process.
Banking and Finance
Book Banking and Finance Lawyer
Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Debt review
Over-indebtedness
Clearance certificate problem
Related resources
Resources and guides
Banking and Finance Document Pack
Banking and Finance Document Pack: prepare Credit agreement, Loan agreement, Security documents and identify missing records before legal advice.
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Prepare fee and scope questions for a banking and finance matter by separating consultation fees, fixed fees, hourly work, disbursements, official fees, exclusions, approval rules, and invoice controls.
Banking and FinanceChecklistCredit And Finance Checklist
Credit And Finance Checklist for preparing documents, facts, dates, and questions connected to banking and finance.
Banking and FinanceFAQs
Debt counsellor FAQs
What does Debt counsellor mean?
A person registered with the National Credit Regulator to assist over-indebted consumers through the debt-review process.
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