Can a creditor sell the home of a debtor to recover outstanding debt?
Most South Africans today, are overburdened and overwhelmed with debt and are struggling to repay creditors. According to recent statistics, a third of people in South Africa with credit are struggling to repay their debts. This means, there are approximately 10 million people who are three months or more behind on debt repayments. This article […]
Strategies for Responsible Store Card Usage
Store cards offer numerous advantages, but it’s crucial to utilise them wisely and responsibly while maintaining financial discipline. Store cards provide a convenient way to purchase items when needed, possibly with no interest, as well as additional benefits like access to affiliated stores, loyalty club memberships, and exclusive offers that are not available to the […]
Victory for home owners faced with historic Municipal Debt & We applaud Farai Mapingire
HISTORIC MUNICIPAL DEBTNew home owners can now at sleep in peace every night with the latest victory related to historic Municipal debt. The recent Jordaan v Tshwane municipality case dealt with the question of whether new owners could be held liable for historic debt on their property. The applicants (who took the matter on application […]
