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In 2003 we obtained an EAO against a client. She was
Good day Chris, In 2003 we obtained an EAO against a client. She was unemployed for eight years. We eventually traced the client at the new employer in 2015. The EAO was implemented and we have receiv… read more
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Can a company start charging interest whenever they have
Can a company start charging interest whenever they have decided to do so on a late payment (this specific case 10 days) without any previous notification that interest would be applied, or any mutual… read more
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Could you please advise me: Can just anybody charge interest
Good day, Could you please advise me: Can just anybody charge interest on outstanding monies; for instance on a doctor's bill, if there is no contract or agreement between the doctor and patient that … read more
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If a citizen owes the government money, does the government
If a citizen owes the government money, does the government have a legal right to keep increasing the unpaid debt… read more
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Please can you advise on the following: Schools are not governed
Please can you advise on the following: Schools are not governed by the NCR. Schools become incidental credit grantors when fees are in arrears. The schools yearly fees are determined by the governing… read more
WCLawyer
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Please could you assist. We are a small South African retail
Please could you assist. We are a small South African retail company and we require some advice with regards XXXXX XXXXX of our suppliers and debt that is owed to them. We have a supplier who provides… read more
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Good morning. Is prescription suspended with minors and re-instated
Good morning. Is prescription suspended with minors and re-instated once they are of majority? This is related to medical debt where the parents are arguing prescription and refusing to pay? many than… read more
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Good day We run a small business. Client ordered pavers which
Good day We run a small business. Client ordered pavers which we quoted on to be made for him specifically, ie size and colour were to his specifications. This was in December. He paid us a 50% deposi… read more
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I had an account at Truworths. I got retrenched at work in
I had an account at Truworths. I got retrenched at work in 2003, my acount was handed over to Munnik Basson Dagama incorporated because i could not afford monthly payment. in 2006 when i got a new job… read more
inciteadvisor
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a judgement has been passed on my business even though the
a judgement has been passed on my business even though the acknowledgement of debt clearly states that the they will not proceed with it. Also I have made arrangements to pay the debt of which I have … read more
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I am a surety to a loan (bridging finance) my brother and one
I am a surety to a loan (bridging finance) my brother and one of his cc's made. The creditor did not advise me of the default (my brother also did not advise me) for almost two years while the loan es… read more
Mike Otis
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Hi there, I sold a company some 18 months ago and the buyer
Hi there, I sold a company some 18 months ago and the buyer has paid most of the outstanding moneys to date, however, a portion of the payment was spread over 3 years. As collateral for this outstandi… read more
JOHANN
JOHANN
Master's Degree
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Good morning I got divorced in September 2009 - to give
Good morning I got divorced in September 2009 - to give you some brief background detail - i walked out with a settlement of R1m. R600,000 is still owing to me after a year and no attempt has been mad… read more
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If you owe your ex company monies and can afford to repay only
If you owe your ex company monies and can afford to repay only a certain amount, but the co wants a higher repayment how can i reduce the repayment amount in order for me to meet payments on a monthly… read more
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I sold shares in my business in 8 different deals to four individuals
I sold shares in my business in 8 different deals to four individuals in 1999 and 2003. Of these 8 deals 7 had fixed periods of repayment. Those with fixed periods made their repayments in the passage… read more
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I had a vehicle account over 5 years ago where the vehicle
I had a vehicle account over 5 years ago where the vehicle burnt out and the insurance did not pay. The band had me sign a new contract for the outstanding amount. After I paid for 3 months I contacte… read more
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I desperately need some legal advice. I borrowed money from
I desperately need some legal advice. I borrowed money from my Aunty R 56500 in the beginning of 2008, she paid by cheque from her personal account. Later that year, her husband offered to buy my car … read more
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To whom it may concern Dear Sir / Madam, Re Acknowledgement
To whom it may concern : Dear Sir / Madam, Re : Acknowledgement of debt ! Section 14(1) of the Prescription Act states that "The running of Prescription shall be interrupted by an express or tacit ack… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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