A Debt Review Clearance Certificate, or Form 19, is a legal document issued by a Debt Counsellor to verify that a consumer has completed Debt Review. It confirms and verifies that the consumer has fulfilled all their obligations under every
Credit Agreement included in a Debt Review court order or a Debt Review repayment agreement.
There are also additional factors that can result in qualifying for the Clearance Certificate.
Debt Review Clearance can be issued as follows:
1. If you have successfully completed the Debt Review process and all debt is settled under the agreement.
2. If you were previously terminated from Debt Review, but you have settled the debt on your own and have paid up letters.
3. If you were previously terminated from Debt Review and your debt has prescribed. Please see How does Clearance work for information on prescription of debt.
4. If you have obtained a Sequestration Order.
5. If you have obtained a Rehabilitation Order.
6. If a court has determined that you are no longer over-indebted.
7. If you can prove that a Debt Counsellor placed you under Debt Review without your permission and the National Credit Regulator has determined the same.
8. Automatically in the event of death.
Want to know more about the Clearance process?
Speak to our Debt Counselling Department about your current financial situation. Let us conduct a free, no obligation Clearance Certificate Assessment to determine if you qualify. You will also receive a copy of your credit report and a detailed assessment of how the Clearance Certificate process works.
The Clearance Certificate Application Form to start the process will only be sent to you once you understand fully how the Debt Review Clearance works and only after we have answered all questions to your satisfaction.
There are no upfront costs to complete the Clearance Certificate Assessment and so you have nothing to lose by making an informed inquiry, which can only improve your financial well-being.
