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NCT Filing Fees Reminder

NCT Reminder to DCs

NCT logoThe National Credit Tribunal has sent out a reminder to Debt Counsellors who are submitting matters regarding the payment of the small administrative fee of R100.

Taking a debt review matter (only certain kinds of matters are allowed) to the NCT is considerably cheaper than taking a matter to court. When a Debt Counsellor does take a matter to the NCT they are allowed to charge a small fee or R750 to cover their costs in preparing documentation etc.

 

When filing a matter they remind applicants that they need to make the payment within 3 days to speed the process along. They also urge the use of the correct reference number as well. The proof of payment needs to use the Applicant’s ID number.

More: Download the Circular here:    Debt Counsellor Circular 11.7.2014-1

 

 

 

 

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