John has a big problem. He is living in a fully furnished flat that he is renting. The furniture...
Debtors Articles
Get Your Debtors To Settle Their Account!
Get Your Debtors To Settle Their Account! Here Are Some Tips From A Debt Collector.
A payment arrangement may be a good option when someone owes you money. However, there is nothing fun about having to hold your breath every month in the hope that they will adhere to the payment arrangement monthly and settle their account in total, at the end of it all. In this article, Kaylee Tree provides tips on how you can get your debtor to settle their account. #PaymentArrangements #PayBackTheMoney #DebtCollection
Enforcing Court Orders Against Bank Accounts
In this article, Cathleen Breedt looks at the process of executing debt collection Court Orders against a debtor’s bank account.
WHEN CAN I APPROACH THE COURT ABOUT DEBT REVIEW UPLIFTMENT
Some time ago we wrote an article about uplifting the “debt review” record on credit bureaus and how one would go about doing so. To recap, once a consumer has applied for debt review and such application is accepted by the debt counsellor and a finding of...
Debt Review Help
Debt Review Help! I am flagged as being under debt review on the Credit Bureaus. Since the promulgation of the National Credit Act. 34 of 2005 (herein after referred to as the “act”), most South Africans have heard of debt review and have a faint idea of what it...
THE ANSWER TO GETTING DEBT COLLECTION RIGHT – GETTING YOUR POLICIES IN PLACE FROM THE START
Why do policies work? Contrary to popular belief, most people thrive under rules and function at optimum when they have clearly defined duties and know the company policies. As the CEO or MD of a company you are the rule maker. You are the person responsible for...
DEBT PREVENTION- WHAT IS IT AND WHY MIGHT I NEED IT?
How can an attorney add value to my debt prevention? It may seem odd that we are suggesting an attorney can add value to your debt prevention, but below are 5 reasons why you cannot have debt prevention without an attorney! Why would an attorney be of any assistance...
Why Debt Collection Remains a Necessary Expense
Why Debt Collection Remains A Necessary Expense : In a company faced with a multitude of financial obligations the added expense of legal fees paid towards recovery of bad debt seems like a double punishment. Having an outstanding debt and paying more money towards...
Is There More To Debt Collection Than Just Running To Court?
The short answer is YES! (Debt Collection Running To Court) - The collection of debt does not necessarily mean that you have to go all the way to Court, and more importantly, there is more to debt collection than only collecting the debt when it is outstanding. Let us...
What Is Vetting and Why Should This Be Done Prior To Legal Action
Vetting is a process followed in which as much information as possible is gathered about the debtor being handed over, in order to ensure the maximum potential for a good result to prior to legal action being instituted. The rationale is that, if you know your debtor...
Credit Records – What Is It All About?
Having a clear credit record or a good credit score is of utmost importance, but why? And how does one ensure that your credit record is and remains clear in order to ensure that your credit rating or score remains at its maximum? Certain updates to a person’s credit...
Debt Review Upliftment
Help! I am flagged as being under debt review on the Credit Bureaus. Since promulgation of the National Credit Act. 34 of 2005 (herein after referred to as the “act”), most South Africans have heard of debt review and have a faint idea of what it entails. Some of us...