Settlement agreements form an essential part of commercial debt repayments. By acting as a recording of the agreed terms of the repayment, such agreements are meant to provide certainty as to the intention of the parties. It is for this very reason that the terms of settlement agreements should always be in writing and be […]
Consumer debt recovery
Here's what Our debt recovery department offers
We have a large and efficient consumer debt recovery department with an experienced staff and the latest technology. We measure our results by money collected not legal stages reached
Capacity
to deal with large volume consumer debt collection
Regular Reports
as well as detailed online reports available 24/7
Expert Knowledge
Of all the law surrounding debt collections
Networking
that allows us to collect across the country
Cost effective
Our solutions are cost effective
Recent Posts on Consumer Debt Recovery
Many South Africans are currently feeling the pressure of the economic recession and looking for relief. However, it has now become more widely recognised that the solution contained in the National Credit Act 34 of 2005 (“NCA”) of debt counselling, has inherent limitations and flaws and is thus not the panacea of debt relief it […]
The Test for NCA Applicability The National Credit Act No. 34 of 2005 (“the NCA” or “Act”) has had a significant impact on transactions involving deferred payment and interest in South Africa. However, it has almost become trite law to refer to the interpretive challenges that arise out of the poor drafting, while at the […]