I Have Received A Summons – What Does This Mean?
Having a Sheriff serve a Summons on you could often be a very scary thing! This is especially true if you know nothing about a Summons and what to do with it. In this article, Kaylee Tree discuss a few important points to remember once you have received a Summons. #Summons #DebtCollection #LetUsHelpYou #StayCalm
In this article, Cathleen Breedt looks at the process of executing debt collection Court Orders against a debtor’s bank account.
How To Negotiate On Payment Terms with your clients can be difficult to say the least. You want what is due to you, however, having regard to the impact of the pandemic, we need to start looking at our accounts differently. If you are not willing to negotiate at...
The South African Nation is currently under Lockdown and a big question is how to approach bad debt during the lockdown. Most businesses have ground to a halt and we are holed up on our homes waiting it out. Although some business can be done remotely, it is safe to...
In this case study, we help you get a clearer view of debt prevention and how an attorney can help you minimize your exposure to bad debtors.
I have very recently helped a company that had way too many bad debtors bring the bad debt under control using Vermeulen Attorneys’ innovative and novel methods that we have termed “Debt Prevention”
The company that I assisted was an attorney’s firm, which is quite ironic since attorneys have the skill and know-how to sue their own debtors. Why would bad debts spiral out of control? Simply because, as business owners, we are focussing on doing work for paying clients, not chasing delinquent debtors. Chasing these outstanding debtors not only takes time but for most business owners also means a financial output in attorney fees.
