Get Started
We are pleased to present below all posts tagged with 'debt collection attorneys Cape Town'. If you still can't find what you are looking for, try using the search box.
In South Africa, the debt collection process is governed by strict laws designed to protect the interests of all parties involved. Whether you are a business trying to recover debts or an individual facing debt recovery actions, knowing the legal framework is essential.
There are various ways of executing court-issued judgments against the debtor in order to satisfy the judgment, with the most common being where the debtor settles the judgment debt by way of monetary payment, sale in execution of assets owned by the judgment debtor, issuing of a garnishee order or the issuance of an emoluments attachment order
A significant number of South Africans are finding it challenging to honour their debt obligations, thereby resulting in some being declared over-indebted. To curtail this state of affairs, the National Credit Act places an obligation on credit providers to undertake affordability assessments before granting credit to consumers.
Our courts have certain requirements with regards to debt collection in South Africa. These can be broken down into different stages. In this article our attorneys explain the nine stages for you.
Subscribe to our Newsletter
Bond & Transfer Calculator
Get the latest updates in your email box automatically.
Your nickname:
Email address:
Subscribe