Yes, a consumer currently under debt review can be sequestrated. When the sequestration order is granted, the debt review will come to an end.
No, read our blog articles about exiting the debt review process for more info.
No, while this process has been used in the past for a consumer to exit debt review, there is case law that this process is not valid. NO COURT CAN END THE DEBT REVIEW PROCESS. The only way for a debt review process to end is for a Clearance Certificate to be issued by a Debt Counsellor.
Anybody following this process to exit a debt review is opening themselves up to various legal risks or complications.
If a consumer believes that they either never applied, or that the process was not properly explained to them, they can lodge a complaint with the National Credit Regulator. The NCR will investigate and if the debt counsellor cannot prove that a valid application was received from the consumer, the NCR will end the process and the listing on the NCRDHS database will be removed.