The recent NCT ruling (one of many on the topic) was an unopposed application to try and get a persons debt review status removed by first having the NCT’s consent order rescinded.
READ MORE: Find Out More About The Ruling Here
While the ruling confirmed much of what Debt Counsellors already know about NCT consent orders it also raised some questions as to whether and when a consumer is actually overindebted. It also reminds Debt Counsellors and consumers that not all debt review matters can currently be heard by the NCT.
Recently, the NCT and NCR were at parliament and recommended that the NCT be enabled to hear all sorts of debt review cases.
Read More: NCR at Parliament
Read More: NCT at Parliament