Now Creditors Can Apply for Directors to be Declared Delinquent – Why is That Important?
“He who is quick to borrow is slow to pay” (Old proverb) A recent High Court decision means that, for [...]
Debt Collection – Two Recovery Options
“Creditors have better memories than debtors” (Benjamin Franklin) How well you manage your debtors’ book, and how successful you are [...]
Don’t Give a Loan or Credit to Anyone (Not Even a Friend) Without Legal Advice!
“The requirement that credit providers must be registered allows for their control and regulation, especially in relation to their financial [...]
Creditors: How to Secure Your Claim with a Notarial Bond
You should always take as much security for your claims as you possibly can before advancing credit or lending money [...]
It’s Not Simple to Sell a House in Execution (Even if a Trust Owns It)
“A court shall not authorise execution against immovable property which is the primary residence of a judgment debtor unless the [...]
Directors – When Are They Personally Liable?
“… for the benefit of immunity from liability for its debts, those running the corporation may not use its formal [...]
The Trouble with Family Loans: A R540,000 Lesson
“How sharper than a serpent's tooth it is to have a thankless child!” (Shakespeare) “Family helps family in times of [...]
