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DEFAULT AND JUDGMENTS AMNESTY

In terms of the National Credit Act amnesty will be granted in respect of all defaults (that is bad payment records) listed before the 1st of September 2006 which are for an amount of R499.99 or less. These amounts will…

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DEBT COLLECTORS ACT, 1998

Some lease agreements contain certain terms regarding the levy of collection costs for either late or arrear payments that may not be recoverable in terms of the Debt Collectors Act, 1998 (hereinafter referred to as the act). The Debt Collectors…

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