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Ever signed a contract that feels a little…fuzzy? Maybe some key details are missing, or the wording seems too vague. Don’t despair! Just because your contract isn’t a masterpiece of…
Ever signed a contract that feels a little…fuzzy? Maybe some key details are missing, or the wording seems too vague. Don’t despair! Just because your contract isn’t a masterpiece of…
Ever wonder how someone gets labelled “insolvent”? In South Africa, the law outlines 8 specific actions that can trigger this status. Think of them as red flags that signal a…
Debt Review can be a lifesaver when you’re drowning in debt, but what if your circumstances change? Maybe you got a promotion, inherited some money, or simply found a way…
Imagine needing a car or a house, but not having enough saved up. Loans and credit can be lifelines, but sometimes, lenders act irresponsibly. This is called “reckless lending,” and…
Scrolling through social media, you’ve probably seen those posts: “Make R2000 a Day – Ask Me How!” Especially in tough economic times, these promises can be tempting. But before you…
Running a business is exciting, but there are also risks involved. One major concern is “reckless trading,” which can land directors in hot water. Here’s a breakdown of what it…
We are all in the business of selling goods, services or both. In all respects, business owners invest in supplies and/or people. These goods and services are then sold to…
The current economic climate is filled with challenges, pitfalls and the inevitable unequal bargaining powers of the haves and have-nots. It is common knowledge that the National Credit Act 34…
A garnishee order is an order made by the court for the attachment of a debt that is owed to a creditor. For example, it is the debt owed on…
Voluntary liquidation is a mechanism within South African insolvency law that allows a business that faces financial difficulties to find relief. This is where an application is made to the…
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