Blog Articles

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...

Gender Based Violence

Gender-based violence (hereinafter “GBV”) is an intense and widespread problem in South Africa, impacting on almost every aspect of life. What is gender-based violence? GBV is broadly defined as “the general term used to capture violence that occurs as a result of the...

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How To Spot A Delinquent Debtor

Are you struggling with your clients not paying on time or at all? This can be detrimental to any business, not to mention dire to a smaller business. Here are five red flags to look out for: Not answering your calls  If a client has an outstanding account that you...

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Lending Money To Loved Ones – Yay or Nay?

Think about this scenario, your good friend approaches you with a dilemma they are facing- they need money, and they ask you to help. Is it a good or bad idea? Let’s discuss it from a debt collection perspective. Quick and easy payment methods Lending and borrowing...

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Voluntary Liquidation

Liquidation is the process whereby a company or close corporation is wound up due to it not trading actively or its inability to continue trading in the normal course. The liquidation of a company will put an end to the juristic entity’s existence. When winding up a...

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Vermeulen Attorneys : Elsabe Sentle

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