Sign a POA with a debt counsellor to cancel debit orders

When a consumer joins debt review they normally sign a POA or Power of Attorney with their debt counsellor.

This enables the Debt Counsellor to do certain things on their behalf such as cancel a debit order.

Standard Bank now want to get a debt counsellor to either use the POA (shown below) or to have consumers cancel their debit orders themselves. This is often difficult because once the consumer enters debt review (and shows as such on the banks computers) some bank staff won’t deal directly with the consumer but require that the Debt Counsellor contact them. Then there are other staff who refuse to help the counsellor even though he has a power of attorney.

When applying for debt review be sure to talk to your debt counsellor about a Power of Attorney. Also discuss which accounts have debit orders against them.

If you’re struggling with debt and considering debt review, it’s crucial to understand the role of a Power of Attorney (POA) in managing your finances. At Zero Debt, our certified debt counsellors can help you navigate this process, including the cancellation of debit orders on your behalf. Don’t let bank procedures overwhelm you—let us handle the complexities. Take the first step towards financial freedom by calling us directly at 087 702 1738 or visiting our contact page. If you’re pressed for time, simply request a Free Call Back, and one of our supportive counsellors will reach out to you. Contact Zero Debt today and start your journey to a debt-free life!