Download the Help Guide
In the middle of 2017, the National Consumer Tribunal (NCT) announced that they were opening up use of their online file submission portal to give Debt Counsellors yet another option in submitting applications to them.
The NCT are able to hear NCA Section 86(7) (b) applications for debt review and are able to declare consumers over indebted and restructure their debt (by consent of all parties) with the same force as a high court. With the introduction of the roving Motion Courts and now the online application software the NCT are able to quickly rule on such cases. They are often able to do so much faster than many of the local Magistrates Courts across the country.
The NCT are also very familiar with debt review matters and love to grant consent orders where all parties are happy with the debt restructuring plan (for example, where a DCRS proposal was used).
Thinking of Giving It A Try?
You may be tempted to make use of the system but feel nervous about how it works (and it recently got a face lift). The user guideline is a great help in figuring out where and what to click.
Download the Guide
You can download that here:
NCT Decission Support System User Guide – Debt Counsellor_1.2
The Latest Motion Court Dates The National Consumer Tribunal hears debt review matters (86(7)(b)) where all parties are happy with the plan proposed by the Debt Counsellor. These are called Consent Orders. They are then able to issue an Order … read more
NCT Issue R1 Million Fine Against Shoprite Over Reckless Lending The National Consumer Tribunal (NCT) has ruled against Shoprite over contraventions of the National Credit Act with regard to reckless lending. The matter was brought before the NCT by the … read more
NCT Motion Court Dates The National Consumer Tribunal is empowered to hear certain types of debt review matters. In an effort to make the process accessible to consumers and Debt Counsellors across the country, the NCT travels to major cities … read more
Tribunal Dismisses Application By Regulator To De-Register Debt Counsellor During the time period leading up to the collapse of African Bank, Debt Counsellor Deborah Solomon was very vocal about the risk of an unsecured credit “bubble”. This was met with … read more
Pawn Your Car Schemes In The NCR’s Crosshairs Google pawn your car and you will quickly find many adverts for several service providers who are seemingly breaking the law. This appears to be the case, following a legal battle in … read more
DCASA Train Members on NCT Matters The Debt Counsellors Association of South Africa (DCASA) offer free ongoing training to their members. This month DCASA are holding an online webinar on the topic of NCT applications. The NCT or National Consumer … read more
Debt Review Awards Gala 2017 The Annual Debt Review Awards is a modest evening gala where people from across the industry walk the red carpet and attend an awards ceremony which recognises the top companies in the industry as well … read more
Lewis Fend off NCR Action at Tribunal Riding high on their recent victory against Edcon (Edcon have to give billions of rand back to consumers if their appeal doesn’t work out) the National Credit Regulator began to roll out action against … read more