Free Debt Assessment — Do You Qualify?

Not sure if debt review is the right option for you? True North Debt offers a free debt assessment to help you find out, with no obligation and no pressure. Many people put off getting help simply because they aren’t sure whether their situation qualifies, so this is a chance to get a clear, honest answer.

Here’s what the assessment covers, what you’ll need to bring, and how to know if you qualify before you take the next step.

What Happens During a Free Debt Assessment

During your free assessment, one of our registered debt counsellors will look at your full financial picture, including your income, monthly expenses, and every debt you currently owe.

We’ll use this information to determine whether you’re over-indebted and explain how the debt review process works if it turns out to be the right fit for you.

There’s no cost and no commitment involved in finding out exactly where you stand, and you’re free to walk away at any point if debt review isn’t the answer.

Do You Qualify for Debt Review?

To qualify, you’ll generally need a fixed monthly income and more debt than you can comfortably repay each month. If you’ve fallen behind on payments, received letters of demand, or are worried about legal action from creditors, it’s worth finding out whether you could settle your over-indebtedness with us.

We’ll walk you through what makes you eligible for debt review in detail during your assessment, so you know exactly where you stand before making any decisions about your finances.

What You’ll Need for Your Assessment

To make your assessment as accurate as possible, have your recent payslips, a list of your monthly living expenses, and your latest statements for each debt on hand. This gives your debt counsellor a complete picture from the outset, and helps us calculate your new debt repayments more accurately if you decide to proceed with debt review afterwards.

The more detail you can provide upfront, the faster we can give you a clear answer.

Take the First Step

Once you’ve applied, you’ll be able to follow the debt review timeline from your first Form 16 through to your clearance certificate. Our team is registered with the National Credit Regulator and works strictly within the National Credit Act, so you can trust that your assessment and any process that follows will be handled properly, and always in your best interest.

Getting a clear picture of your options today is the first real step towards leaving debt stress behind for good. Contact True North Debt today.