In 2022 we went into debt counselling, I...

Asked by Jennifer on 19-06-2023 08:55:21
Question posted in the Property Law category relating to Eastern Cape

In 2022 we went into debt counselling, I was then rethrenched in June 2022 however I had applied for a increase in my credit protection, which I soon discovered was never implemented. I di follow up with the credit prtection company aswell as the debt councelours, Debt recue assisted us with a grace period however we were not aware that for the 2 months that we did not pay we had to make arrangements with Absa and wesbank to pay the arears off. We then got notified that Absa is taking the bond off debt rescue, and then I contacted debt rescue and absa. we made the arrangement to pay it off and debt rescue said they would get the bond back on. I had got another job and paid back the arears sooner than agreed. I also again asked about the creit protection, I was told it would be sorted out. And the normal debt rescue continued to be debited from my account. Of which Absa bond was one that was paid

In March 2023 my husband recieved notifaction that he would be retrenched, and on his last day the 6th April I lost my job with the Canadian company.

I contacted debt rescue explained everything all over but now Absa has notified us that we are in arears as we never went back onto debt rescue with the bond, now we are in arears and they have threatened us with forclosure. They also want to help us sell.

We have made contacted with numerous people but no one is giving us any answers.

We have 4 young children and 2 are in the spectrum. We are currently in a negeligance case as we had only wanted 2 children and the Dr did not do the preocedure correctly. 

Any advise please 

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