Have you been handed over?
Here is what to do
Step 1
Review the Notice
Carefully go through the notice you received from Kamohelo Entle. Pay attention to key details such as the reference number, the outstanding amount, and the payment deadline. This will provide you with a clear understanding of the debt and the actions required.
Step 2
Contact Us
Reach out to us via the provided phone number or WhatsApp to discuss your account. Our team is ready to assist you with potential solutions and address any questions or concerns you may have.
Step 3
Decide what to do
After reviewing your options, select the best course of action to settle your debt. Whether it’s making a payment, arranging a payment plan, or considering alternative solutions, act quickly to stay on top of your debt.
Step 4
Make Consistent Payments Towards your finances
Follow the payment plan you’ve committed to and make payments regularly. Each payment brings you closer to financial freedom and eases the weight of your debt. Consistency is crucial for reaching your financial goals.
FAQ
What does it mean to be handed over to a debt collector?
Being handed over to a debt collector means that a creditor has transferred the responsibility of collecting an unpaid debt to a specialized agency (like VVM). This usually happens after several attempts by the creditor to collect the debt directly have failed. The debt collector will then use various legal methods to recover the amount owed.
What type of payment plans can I accept?
Payment terms with debt collection agencies can vary based on your specific debt situation and their policies. Typically, they may offer options such as lump-sum payments, monthly installment plans, or occasionally settlements for less than the full amount owed, depending on negotiations.
What does it mean to make arrangements?
Making arrangements refers to agreeing on a payment plan with the debt collection agency. This can involve various options like lump-sum payments or monthly installments, depending on the debt situation and what you negotiate with the agency.
What documentation do I need to provide to Kamohelo Entle?
If you are over-indebted, you will need to provide documentation such as proof of income, identification, and any communication you’ve had with the original creditor regarding the debt. This helps verify your identity and financial situation, forming the basis for any repayment arrangement.
What does it mean to set up an arrangement?
Setting up an arrangement means formally agreeing to a repayment plan for your debt. This arrangement is typically documented in writing and includes details such as the total amount owed, the amount of each payment, the payment frequency, and the total number of payments.
How can I create an arrangement?
To create an arrangement, start by contacting Kamohelo Entle directly to discuss your current financial situation. Be honest about what you can realistically afford to pay. You may need to provide financial statements or other documents as part of this process. Once you agree on the payment terms, ensure that the agreement is documented in writing to avoid future misunderstandings.
