Has never been that Easy
We aim to provide quick relief from debt, a structured path
becoming debt-free within a set period
In 30 to 60 Months
By the end of the agreed period, all your enrolled debts are expected
to be paid off, allowing you to "walk away" free from debt.
Immediate Financial Relief
Aimed at providing quick assistance to individuals
who are struggling with debt and need urgent help.
Solutions that make a difference
At LivFree Debt Solutions we assure you that we can lift the burden and assist you to get to a healthier financial position. At LivFree Debt Solutions we will ensure that we understand your situation completely before we restructure your debt. Our experienced team do not only offer expert advice and guidance on debt settlement, but we can provide you with excellent debt solutions to help you get back on track and ultimately walk away debt free.
- Expert Guidance
- Quick Relief
- Tailored Plans
- Simple Process
Welcome
Mr Baakedi
Session
Promo Vehicle 1
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Our Reception
Our Debt Relief Services
with us
Debt Settlement
This involves negotiating with creditors to settle your debt for less than the full amount owed.
Debt Management
Debt management involves creating a structured plan to pay off unsecured debts.
Debt consolidation
Debt consolidation involves combining multiple debts into a single loan or payment,
Debt Counseling
Debt counseling is a service that helps individuals manage their debt through professional advice and guidance
Steps Involved In
Helping You
Form Filling
Fill in an application form attaching your ID and latest payslip and send it to us via email or fax.
Assessment
One of our debt counselors will do an assessment of your debt situation and contact you to finalize our application.
-If you are happy with the outcome of the assessment, credit providers will be notified and, hence forth, you will be protected from legal action.
Creditor's Response
Creditors will respond to us with certificate of balances showing summaries of all your credit agreements.
Debt Repayment Plan
A debt repayment plan will be prepared and negotiated with credit providers. We will forward a copy of the same.
Application
Application will be made for a debt repayment plan to be made a court order in order to enforce it on your credit providers.
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Clients Served
Trusted By
100+
You can contact
us for any question
Welcome to LivFree Debt Solutions' FAQs Section! Here, you'll find answers to common questions about our services and how we can help you achieve financial freedom
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Experiences
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Happy Clients
You are usually over-indebted when you are paying more than half of your salary to debt, not making timeous payments on your debts and constantly getting reminders for late payments. Or if you are at risk of falling behind in the immediate future. These are sure signs that you urgently need our help. If you delay applying for debt counselling, and once the credit provider has commenced legal action against you, that particular debt cannot be included in the debt review process.
The credit market has recently been tightened by the NCR such that you will not qualify for a consolidation loan if you are over-indebted, not with us or not with any registered financial institution in South Africa. If your current debt status is that you are over-indebted, you do not have the option of a consolidation loan. The only realistic and affordable way to prevent you from losing your house, car or furniture is to go the debt review way. Our debt review process can offer you immediate asset protection according to the National Credit Act and set you on a course of recovery from debt problems by consolidating your debt into one affordable monthly repayment, reducing your monthly debt repayments and interest and clearing your credit record after you have fulfilled your restructured debt obligations.
Service fees are set and regulated by the National Credit Regulator (NCR). 1. A restructuring fee of the lesser amount of the first instalment of the debt re-arrangement plan or a maximum of R6000 (excluding VAT). For example, if you can only pay R3 000 per month our fee will automatically be R3000. 2. A monthly after-care fee of 5% (excluding VAT) of the monthly instalment of the debt re-arrangement plan up to a maximum of R400.00 (excluding Vat), for a period of 24 months, thereafter reducing to 3% (excluding VAT) of the monthly instalment, to a maximum of R400.00 (excluding VAT), for the remaining period of the debt payment of the monthly after-care fee commence in the 2nd month after the amount in point 1 has been paid. 3. There is a legal fee charged by our specialised attorney to bring the application to court, and can range from R1500 to R6000. Legal fee differs from case to case and your debt counsellor will let you advise the exact amount after the free assessment.
Certainly not. Administration only applies to consumers whose total debt do not exceed R50,000 and usually lasts much longer and is much costlier. The debt review process we aim that you achieve a debt free status within 36 to 60 months.
Unleashing the power of
your business
Their expert advice and personalized plan helped me regain control of my finances. I'm now on track to be debt-free in a few years.
-David P
Customer
They negotiated with our creditors to reduce our interest rates and remove unnecessary fees. I can't recommend them enough
-Mr & Mrs Mphahlele
Customer
I was skeptical about debt counseling, but LivFree Debt Solutions made the process so simple and stress-free.
-Sipho T
Customer
The lower interest rate saved me a lot of money, and their ongoing invaluable support. I'm now more confident about my financial future.”
-Thandi M
Customer
