How do I remove my name from the debt review process?
It is important to understand what it means to be under debt review in order to help you find the right assistance to clear the mark which has been left on your credit profile, hindering you from building the life that you desire. It’s easy to get a call or click an advertisement from a seemingly credible company which could potentially land you in an even worse predicament. We at MMWentzel has taken the time to inform about the correct steps required in easily clearing you name.
What happens during the debt review process?
Once your debt review application has been approved, the debt counsellor will notify all credit bureaus and loan providers that you are under debt review or over-indebted and are no longer eligible to receive any more credit. The credit bureaus will then mark your profile as “under debt review.” Once your profile is marked, you will not be able to take out any more loans.
What happens after this is complete?
After successfully undergoing our debt review removal program, our dedicated team will correspond with your various creditors to indicate that you have been removed from debt review successfully, and all red flags relating to debt review will be removed from your name forever. Debt review could also negatively affect your credit score, due to the lowered monthly payment amounts that formed part of your repayment plan. Your credit score can be improved over time, as you better manage your financial obligations and any credit-related repayments going forward. MMWentzel has a specialized credit repair program that will [ help and guide you on how to boost your credit score].
We are well versed with the limited options available for a Consumer to be removed from Debt Review and fully equipped to assist individuals who find themselves in the position where they may be removed.
At MMWentzel, our services are geared towards attaining the best possible results for our valued clients. Together with our attorney firm, we can provide a service that is legal, transparent, and reliable. Check-in with our MMWentzel team today for assistance in clearing your name from Debt Review.
