Answers to your questions

Have a question you would like answered? Email us and we may answer it. The questions here are based on ones from our readers, with identifying information removed.

Topic: Debt  |  Show questions and answers for all topics

What can I do if I was exempted from paying full school fees but don't have enough money to pay the outstanding amount?

You can approach the School Governing Body and negotiate a revised repayment plan.

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What can I do if I have been blacklisted?

Approach the business you owe money to and try to negotiate a settlement. Then go into debt counselling.

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What should I do if I cannot afford to pay my debt to SARS within their timeframe?

SARS would have considered that you had defaulted on your previous payment arrangement. That would have weakened your case to be granted another payment deferment arrangement by SARS.

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My husband passed away and I cannot afford to pay the debt. What can I do?

The best thing to do is to go to the bank and explain your position to them.

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Do I qualify for a SASSA loan?

SASSA does not give loans.

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How can I protect my house from being repossessed under Section 88 of the National Credit Act?

If you go into debt review, you will be protected by Section 88 while the debt review takes place.

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Am I responsible for home loan arrears accumulated during hard lockdown?

Yes. You can go into Debt Review and possibly work out a new repayment plan.

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Can the bank demand twice the monthly repayment of a loan on an over-insured house?

The in duplum rule limits all interest and other payments on debt to double the amount of the original debt.

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What housing options are available to me if I earn over R3,500 a month and am blacklisted?

Although there are other housing programmes you are eligible for, you would need to settle your debts first.

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What does the law says about minors who cannot pay outstanding municipal debt on an RDP house?

The children qualify as an indigent household.

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