Why Debt Collection Remains A Necessary Expense : In a company faced with a multitude of financial...
Why Debt Collection Remains a Necessary Expense
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Blog Articles
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...
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...
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...
Who Can Enter Into A Contract?
South African law dictates that in order for an agreement to be recognized as a valid and binding contract, it must meet certain requirements. These requirements are as follows: There must be consensus between the parties The parties must have intended for the...
Delinquent Directors
Declaring a director delinquent in terms of the Companies Act. If a director conducts himself or has previously conducted himself, whilst being a director of a company, in a manner which is inappropriate, an application aimed at declaring such director a delinquent,...
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...
Recognition of Customary Marriages
The change of position for women previously discriminated against in customary marriages Cabinet in July 2019 approved the submissions made on the Recognition of Customary Marriages Amendment Bill of 2019 to Parliament. The approval of this Bill is said to be a major...
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...
How To Enforce a Maintenance Order
At the outset of this article "How To Enforce a Maintenance Order", it should be noted that failure to pay maintenance when the court has ordered payment, is a criminal offence and one may be jailed for failure to pay maintenance. Enforcement of maintenance orders is...
