069 062 2321 
What Is Debt Restructuring?
Debt restructuring is a formal process in which your existing debt obligations are renegotiated and reorganised into a more manageable repayment plan. As your debt counsellor, we work directly with your creditors — including banks, retail stores, and other lending institutions — to negotiate:
- Reduced monthly repayments that are aligned with what you can actually afford
- Lower interest rates where possible
- Extended repayment terms to ease the monthly financial burden
- Consolidation of multiple debts into one manageable payment
What Is Debt Restructuring?
Debt restructuring is a formal process in which your existing debt obligations are renegotiated and reorganised into a more manageable repayment plan. As your debt counsellor, we work directly with your creditors — including banks, retail stores, and other lending institutions — to negotiate:
- Reduced monthly repayments that are aligned with what you can actually afford
- Lower interest rates where possible
- Extended repayment terms to ease the monthly financial burden
- Consolidation of multiple debts into one manageable payment
We begin with a thorough review of your financial situation, including your income, expenses, assets, and liabilities.
Once we establish that you qualify, we formally apply for debt review with the National Credit Regulator (NCR).
We negotiate with your creditors on your behalf to restructure your debt into a feasible repayment plan.
Where necessary, we obtain a court order to formalise the restructured payment terms, giving you legal protection.
We manage the distribution of your payments to creditors throughout the process and keep you updated on your progress
Once all debts have been settled, we issue a clearance certificate confirming that you are officially debt-free.
- Individuals overwhelmed by multiple debts
- Those behind on loan or credit card repayments
- People facing legal action or garnishee orders from creditors
- Anyone who wants to protect their assets while repaying debt in an affordable way
- Legally protected from creditor harassment and legal action
- One affordable monthly payment
- Potential reduction in interest and fees
- Structured path to becoming debt-free
- Preserved assets and credit record over the long term
No matter where you are in your financial journey, Sekela Financial Service is here to help. Contact us today for a confidential, no-obligation consultation and let us help you find the best path forward.
Phone: 069 062 2321
Email: help@sekelafinancial.co.za
Address: Pretoria and Country Wide
