PowerPoint Presentation

Over-Indebted?DebtbytesTel. 012 991 0166Email: mike@debtbytes.co.zaDEBT MEDIATIONYour Alternative OptionToDebt Review And Debt Counselling

Are you over-indebted?INTRO

Are you over-indebted?Are you unable to sleep at night?INTRO

Are you over-indebted?Are you unable to sleep at night?Do you avoid your phone calls, emails and mail?INTRO

We can help you -INTRO

We can help you -Resolve your debt problems;INTRO

We can help you -Resolve your debt problems;Be free from debt collectors hounding you;INTRO

We can help you -Resolve your debt problems;Be free from debt collectors hounding you;Have ONE easy monthly payment;INTRO

We can help you -Resolve your debt problems;Be free from debt collectors hounding you;Have ONE easy monthly payment;And have absolute peace of mind.INTRO

AND THE BEST OF ALL IS INTRO

AND THE BEST OF ALL IS

YOU DO NOT HAVE TO DO DEBT REVIEW OR DEBT COUNSELLING.INTRO

WILL YOUBE ABLE TOCOPEFINANCIALLY IN 2017?Consumers are feeling despondent about their finances.

Sound familiar?

WILL YOUBE ABLE TOCOPEFINANCIALLY IN 2017?Consumers are feeling despondent about their finances.Sound familiar?It does not have to be you!

WILL YOUBE ABLE TOCOPEFINANCIALLY IN 2017?Consumers are feeling despondent about their finances.Sound familiar?It does not have to be you!If you allow it to happen then it is by choice.

Debt Review / Debt Counselling

Administration

2345SequestrationDebt Mediation

1Consolidation Loan

1Consolidation LoanA Consolidation Loan is an ordinary personal loan that the banks offer.

To qualify for such a loan you must meet all the banks lending criteriaA regular incomeA clean credit recordAffordabilityNo arrears on your accounts

Because of the strict lending criteria 85% of such loans are declined.

If your loan application has been declined by the banks, then NO ONE can get you a loan.Save your money and time by not falling for those upfront fee scams.

Debt Review / Debt Counselling

2Why we do not recommend Debt Review / Debt Counsellingiii)vii)viii)Debt Review / Debt Counselling does not check for bad debt which means that you could bepaying old debt that you should not be paying.Outstanding balances under Debt Review / Debt Counselling do not reduce readily because additional interest and collection charges are being added to your debts.When under Debt Review you will be listed on the Credit Bureaus and the listing will remainthere until ALL the debt has been repaid.While under Debt Review you are NOT allowed any more credit. Thats the law.You are NOT allowed to cancel Debt Review. A court order will lock you in even further.Debt Review can adversely affect your career, trying to rent a property, applying for a cell phone contract and virtually every other sphere in the financial world.If your house or vehicle payments are included you will build up a huge arrears.Still unsure. Check out www.hellopter.com or ask others who are under debt review.

I wish I had taken your advice two years ago and not gone under debt review.Since then my life has been a nightmare and I see no hope for the future.

3AdministrationWhere your total debt is less than R50 000 you may apply to the Magistrates Court to be placed under Administration.The result of such an order if it is granted, is that you will pay a predetermined amount into youradministrators account, who will then divide and distribute the payment among your creditors inproportion to what you should be paying them. And that is after the administrator has taken his/her fee first. Once you are under Administration you will not be allowed any further debt.While you are under Administration the interest on your debt will continue to be added to your debt. This means that your debt actually will increase each month as your creditors will be receiving less than the original payments that you were meant to be making.It means that your debt will continue to grow and will not likely decrease.You will be paying that debt for years and will more than likely never be able to settle it.

We recommend that you do not go for Administration as you will be locked in for years and you will be lucky if the debt ever gets settled.

4Sequestration / BankruptcyAn application for sequestration is brought in the High Court of South Africa.You will have to pay a substantial fee to have an attorney represent you and apply for your sequestration order.This will affect you for a number of years and the stigma will probably remain with you for the rest ofyour life.During your insolvency period, you will not be credit worthy. You may not have a cheque account or a credit card facility.You may under no circumstances engage in any debt arrangements.Since it is a High Court matter the costs are astronomical and have to be paid out of the sequestration. It can be more than R30 000 depending on the size of the insolvent estate. Also, you have to prove that there is a benefit for your creditors, which is difficult for most people without solid assets.You also have to prove that you are indeed insolvent and not just experiencing cash flow problems. Then there are unscrupulous liquidators who also demand their pound of flesh.Lastly, if you want to apply for rehabilitation thereafter, it entails a further court application in the High Court, with added costs.

We recommend that you do not go for this option Especially if you have assets that you do not want to lose. This will have a negative effect on your life for years.If you have no option but to opt for Sequestration we can refer you to a reliable attorney to assist you.

5Your Alternative Option To Debt Review And Debt CounsellingWe do not take your last cent. In fact we make sure that you come first and then only your creditors.

5

We do not take your last cent. In fact we make sure that you come first and then only your creditors.Unlike the other options, Debt Mediation has an achievable effect on your credit score and wont cause long-lasting negative listings.Your Alternative Option To Debt Review And Debt Counselling

5We do not take your last cent. In fact we make sure that you come first and then only your creditors.Unlike the other options, Debt Mediation has an achievable effect on your credit score and wont cause long-lasting negative listings.We deal with your creditors so that you do not have to contact them.Your Alternative Option To Debt Review And Debt Counselling

5

We do not take your last cent. In fact we make sure that you come first and then only your creditors.Unlike the other options, Debt Mediation has an achievable effect on your credit score and wont cause long-lasting negative listings.We deal with your creditors so that you do not have to contact them.During the entire process, you will be protected from their harassing phone calls, repetitive emails, unwelcome visits and other unpleasant debt collecting tactics that they use to force you to pay.Your Alternative Option To Debt Review And Debt Counselling

5

We do not take your last cent. In fact we make sure that you come first and then only your creditors.Unlike the other options, Debt Mediation has an achievable effect on your credit score and wont cause long-lasting negative listings.We deal with your creditors so that you do not have to contact them.During the entire process, you will be protected from their harassing phone calls, repetitive emails, unwelcome visits and other unpleasant debt collecting tactics that they use to force you to pay.We dont promise that you can start today and be debt free tomorrow. But we do promise that if you stick with us you will be debt free quicker than with any other method. That is a fact!Your Alternative Option To Debt Review And Debt Counselling

5We do not take your last cent. In fact we make sure that you come first and then only your creditors.Unlike the other options, Debt Mediation has an achievable effect on your credit score and wont cause long-lasting negative listings.We deal with your creditors so that you do not have to contact them.During the entire process, you will be protected from their harassing phone calls, repetitive emails, unwelcome visits and other unpleasant debt collecting tactics that they use to force you to pay.We dont promise that you can start today and be debt free tomorrow. But we do promise that if you stick with us you will be debt free quicker than with any other method. That is a fact!We have helped thousands of clients like you achieve their goals of becoming debt free.Your Alternative Option To Debt Review And Debt Counselling

1.No Debt Review; No Administration and No SequestrationBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsNo fixed Term Contracts cancel whenever you feel that you are financially strong enough againBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsNo fixed Term Contracts cancel whenever you feel that you are financially strong enough againNo Upfront FeesBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsNo fixed Term Contracts cancel whenever you feel that you are financially strong enough againNo Upfront FeesStop Your Creditors hampering YouBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsNo fixed Term Contracts cancel whenever you feel that you are financially strong enough againNo Upfront FeesStop Your Creditors Harassing YouOne Monthly Payment That You Can AffordBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsNo fixed Term Contracts cancel whenever you feel that you are financially strong enough againNo Upfront FeesStop Your Creditors Harassing YouOne Monthly Payment That You Can AffordNo Credit ChecksBenefits of Debt Mediation

No Debt Review; No Administration and No SequestrationNo Garnishees and No JudgementsNo Court Orders Hampering Your Life For YearsNo fixed Term Contracts cancel whenever you feel that you are financially strong enough againNo Upfront FeesStop Your Creditors Harassing YouOne Monthly Payment That You Can AffordNo Credit ChecksWe do not list you on any credit bureauBenefits of Debt Mediation

Debt Mediation offers you the breathing spaceyou need to help you get back on your feet again.

At the beginning of 2013, my life was turned upside and I no longer hadthe financial resources to cover my debit orders and usual expenses. Paying off my debt suddenly became a huge mountain to climb.Now, finally, it's over!

Today I settled my last two loan accounts.Thank you for your counsel, always being available to answer my questions, for your help and advice, and for managing my creditors. I'm very grateful to all of you for helping me climb and conquer my mountain of debt.

Name withheld

IF YOUDONOTHING;NOTHING WILL CHANGE!

IF YOUDONOTHING;NOTHING WILL CHANGE!We will walk you through the process of taking control and getting out of debt step by step so that you can..

IF YOUDONOTHING;NOTHING WILL CHANGE!We will walk you through the process of taking control and getting out of debt step by step so that you can..

GET OUT OF DEBT ANDGET ONWITH YOU LIFE!

1. A notice /letter in terms of Section 129 in terms of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you.

A notice / letter in terms of Section 129 of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you. Do NOT ignore this letter.Should you fail to respond to this Section 129 letter a summons will be issued against you. Thiswill also incur more legal costs which you will have to pay.

A notice / letter in terms of Section 129 of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you. Do NOT ignore this letter.Should you fail to respond to this Section 129 letter a summons will be issued against you. Thiswill also incur more legal costs which you will have to pay.The Sheriff of the court will issue the summons against you at your address. If your address has changed it is your responsibility to inform your creditor of the change of address. You cannot use the excuse that you never received it.

A notice / letter in terms of Section 129 of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you. Do NOT ignore this letter.Should you fail to respond to this Section 129 letter a summons will be issued against you. Thiswill also incur more legal costs which you will have to pay.The Sheriff of the court will issue the summons against you at your address. If your address has changed it is your responsibility to inform your creditor of the change of address. You cannot use the excuse that you never received it.If the Sheriff cannot serve the summons at your home address then he will serve it at your workaddress. That you do not want to happen.

A notice / letter in terms of Section 129 of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you. Do NOT ignore this letter.Should you fail to respond to this Section 129 letter a summons will be issued against you. Thiswill also incur more legal costs which you will have to pay.The Sheriff of the court will issue the summons against you at your address. If your address has changed it is your responsibility to inform your creditor of the change of address. You cannot use the excuse that you never received it.If the Sheriff cannot serve the summons at your home address then he will serve it at your workaddress. That you do not want to happen.If you ignore the summons or fail to act upon it a judgement will be issued in your absence know as a default summons.

A notice / letter in terms of Section 129 of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you. Do NOT ignore this letter.Should you fail to respond to this Section 129 letter a summons will be issued against you. Thiswill also incur more legal costs which you will have to pay.The Sheriff of the court will issue the summons against you at your address. If your address has changed it is your responsibility to inform your creditor of the change of address. You cannot use the excuse that you never received it.If the Sheriff cannot serve the summons at your home address then he will serve it at your workaddress. That you do not want to happen.If you ignore the summons or fail to act upon it a judgement will be issued in your absence know as a default summons.Once judgement has been obtained the creditor may attach and sell any of your assets. Or they can issue a garnishee (Emolument Attachment Order) against your salary.

A notice / letter in terms of Section 129 of the National Credit Act will be sent to you. As soon as you receive this notice you should contact us immediately so that we can help you. Do NOT ignore this letter.Should you fail to respond to this Section 129 letter a summons will be issued against you. Thiswill also incur more legal costs which you will have to pay.The Sheriff of the court will issue the summons against you at your address. If your address has changed it is your responsibility to inform your creditor of the change of address. You cannot use the excuse that you never received it.If the Sheriff cannot serve the summons at your home address then he will serve it at your workaddress. That you do not want to happen.If you ignore the summons or fail to act upon it a judgement will be issued in your absence know as a default summons.Once judgement has been obtained the creditor may attach and sell any of your assets. Or they can issue a garnishee (Emolument Attachment Order) against your salary.A judgement is valid and enforceable against you for up to 30 years.

WE CAN HELP YOU

WE CAN HELP YOUsettle your debts and become debt free in the quickest, easiest and most affordable way possible.

REQUEST A CALL BACK

Contact us if you wish to avoid all the stress, hassle and unnecessary legal costs.

Click to here request a call back.Or complete the section below and we will call you.

YOURE ON THE RIGHT TRACK!

Thank you for taking the time to view and read our presentation!Milor Solutions (Pty) LtdTel. Email: mike@debtbytes.co.za012 991 0166