Latest News & Articles

For all the latest news, opinions and updates on credit law compliance, debt recovery and education laws subscribe to one of our specialist newsletters

The Prescription Act 68 of 1969 (“the Act”) regulates the running of Prescription. A debt will prescribe after the lapse of a certain time period. This means that the claimant will not be able to issue a claim once the time period has lapsed. Section 12 (1) …

During Business Rescue proceedings in terms of the Companies Act 71 of 2008 (“the Companies Act”), a business rescue practitioner enjoys first preference in terms of his remuneration and expenses (Section 135(1) to (3)) read with Section 143. However the question that had caused a …

The National Credit Act 34 of 2005 (NCA) has come to be known as a model of uncertainty as evidenced by decisions of the High Courts, the Supreme Court of Appeal and the Constitutional Court. In the case of Du Bruyn NO and others v …

In March 2018, the Western Cape High Court, granted an application sort by retailers Truworths, Foschini and Mr Price reviewing and setting aside Regulation 23A (4) of the affordability assessment regulations. The affordability assessment regulations were introduced in 2015 in an attempt to try improve …