Y-Schoultz Debt CounsellingY-Schoultz Debt Counselling
The Covid-19 pandemic touched all South Africans in some or other
way. The most prevailing is the ability of the South African consumer
to meet their monthly debt obligations, as a vast number of employees
have been subjected to a decrease in their salaries.
For this reason many consumers may feel discouraged and may not know what to do in order to be able to meet their monthly debt obligations.
Debt Counselling, also known as Debt Review, is a formal legal process in which an over-indebted consumer has the opportunity to formally restructure his/her debt, in order to pay outstanding debts in a structured manner.
A over-indebted consumer who do not adhere to the monthly payment obligations towards credit providers, run the risk to have legal action instituted against them, and as such have their assets attached by the Sheriff, whereafter it will be sold in execution in order to pay outstanding debts.
The Debt Counsellor will assess the consumer’s financial situation to determine if the consumer is over-indebted and negotiate a reduced monthly amount with the consumer’s credit providers. This will ensure that the consumer will be able to act pro-actively and avoid legal action being instituted for not adhering of the credit agreement.
Once the debt of the consumer is settled, the Debt Counsellor will issue the consumer with a clearance certificate, whereafter the consumer is released from Debt Review.
Should you experience difficulties to meet your monthly obligation towards payment of debt, please contact us:
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CAREER SUMMARY
Yolande holds a BA Psychology degree from the University of Pretoria, an Honours degree in Criminology from UNISA, as well as a Bachelor of Laws (LLB) degree from UNISA.
Yolande joined Sage VIP Payroll in October 2005 as a payroll consultant and became a HR project consultant in 2008. She was appointed as Sage VIP’s Risk and Fraud management consultant in October 2010. She has extensive experience regarding the specialist field of payroll risk and fraud management and has testified as expert witness in several court cases regarding payroll fraud. She has been invited to present at seminars such as the South African Payroll Association’s Payroll Fraud Seminar and several others. Yolande was also a member of the Association for Accredited Fraud Examiners (ACFE).
Yolande decided to pursue a career in law and commenced with her LLB studies in 2014, and completed her degree in 2017.
Yolande is also a registered debt counsellor with the National Credit Regulator.
INFORMATION
t +27 82 567 0472
e yolande.schoultz@yschlaw.co.za
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