Administrative Removal

If you want protection from credit providers taking legal action against you, you can apply for a debt administration court order. This order legally hands over the management of your financial affairs to a debt administrator.

Your income will then go to the debt administrator and, after deducting your living expenses from this amount, they will then distribute the rest of your money equally between your credit providers. According to the Magistrate’s Court Act, the administrator can take a maximum fee of 12.5% of the amount that they distribute to your credit providers.