Debt Counselling was introduced to provide aprocess for helping a consumer with over indebtedness. It also provides aconsistent system of debt restructuring, enforcement and judgement, whichplaces priority on the eventual satisfaction of all responsible for theconsumer obligations under the credit agreements.The process of Debt Counselling was developed to offer a way out for consumerswho cannot meet their monthly obligations under current credit agreements;after all basic living expenses have been paid. Basic living expenses getpriority before making provision for credit repayments. Debt counsellingprovides you with more breathing space without getting into trouble with yourcreditors for short payments.How does the Debt Counsellor Negotiate lower Repayments on Debt?There are two variables that the debt counsellor uses to negotiate lowerpayments. The debt counsellor will negotiate lower payments by renegotiatingthe interest and the period of repayment.undefinedundefined