The Most Common Excuses That Debtors Make The most important thing for a creditor, especially in these uncertain economic times, is to identify whether or not the debtor is having cash flow problems. Upon quickly determining that the debtor is not in a position to pay his or her dues, the time can be used [...]
Amendments To The National Credit Act And Debt Collection The National Credit Act of South Africa made a few amendments to the Act recently. Most South Africans are not aware of these amendments and even worse is the fact that they are not aware of what it means to them as consumers. It is imperative [...]
How To Successfully Collect Sectional Title Levies Past The Due Date Collecting levies from owners/members of sectional title units are distressful for most managing agents and trustees of bodies corporate. The most common way would be by the issue of summons. The managing agent representing a body corporate instructs an attorney to issue a summons [...]
How To Collect Mistaken Payments What happens when an individual or organization makes a payment to another party by a mistake and expects repayment for services not rendered. This classic case of debt collection is termed Condicto Indebiti in the legal world, and certain requirements have to be met in order for a plaintiff to [...]
A credit agreement is a contractual agreement between a credit provider and a consumer and applies for all kinds of credit services. Under the agreement, the consumer is liable to pay for installments either set out in the contract or on a monthly cycle. When a consumer does not pay by the expected date of payment, [...]
What happens when an individual or organisation makes a payment to another party by a mistake and expects repayment for services not rendered. This classic case of debt collection is termed Condicto Indebiti in the legal world, and certain requirements have to be met in order for a plaintiff to hold a defendant responsible for paying back money [...]
As debt collection attorneys in South Africa, it’s easy to pick up on all the illegalities within a multi-million Rand industry. Debt collection attorneys go well beyond their mandate to try and claim from those they cannot claim from. Is it not worth spending your money on a debt collection attorney who does the job [...]
As a creditor, it is important that you identify whether or not the debtor is having cash flow issues. If you quickly determine that the debtor is unable to pay their dues, then you can use the time to contact a debt collection lawyer. There are a few telltale signs that the debtor is unable [...]
Your business is in a spot of trouble; your debtors are yet to pay their debts, and time is of the essence. Many of you may want to avoid the trouble of using debt collection attorneys and rather consider the more costly option of a debt collection agency. Here’s why you might want to stop [...]
