On the ten August 2023 ABSA Misery Buyer Options (who deal with debt evaluation) despatched out default notices to a few of their prospects who present on their system as being underneath debt evaluation.
These ‘default notices’ had been solely despatched out to sure purchasers. You could have received a message if their system reveals that your debt evaluation funds, to ABSA particularly, are both in arrears (because of quick funds) or they’re not seeing a fee in any respect.
The messages are a pleasant reminder to you and to your Debt Counsellor to behave shortly to type out any arrears or missed funds.
‘The messages are a pleasant reminder to you and to your Debt Counsellor to behave shortly to type out any arrears or missed funds’
ABSA say that sending out some of these notices helps them keep away from incorrect or pointless 86(10) terminations (once they say they slightly wish to begin new authorized collections as an alternative of being in your debt evaluation any longer).
Within the occasion that you’ve made all of your current funds in full (in all probability by way of your PDA) then they are saying you could ‘ignore’ the notification.
However if in case you have quick paid or missed a fee then the clock is ticking to type it out and your Debt Counsellor should speak to them ASAP and also you want a written plan on how you’re sorting it out.
So, if you happen to received one in every of these messages, both you ignore it otherwise you communicate to your Debt Counsellor (can’t damage to name them if you happen to did get a message).