When the term blacklisting is mentioned it normally conjures up thoughts of negative data on your credit record, but the reality is that credit bureaus hold both negative and positive data. In the past blacklisting was only used for negative data but the combination of both has proved beneficial to the business sector in predicting…Details
What is a Judgment? A Judgment is a decision made by a Court ordering you to pay an amount of money to a creditor. The creditor cannot merely apply to Court for the Judgment without you receiving notification. The creditor needs first send you a letter of demand or make demand and thereafter needs to…Details
Credit Cards – One of the most common and easy to get credit today is a credit card, but with the interest rate it could take years before you pay off the full amount outstanding, if you do decide to apply for a credit card keep it in a positive balance and you interest…Details
Demand payment – Known as “Demand”: This does not mean you need to threaten or be hostile with the Debtor, you need to be clear that the money is owing, due and payable and payment needs to be made immediately or the Debtor needs to enter into a payment arrangement. Being persistent is key. …Details
Litigation does have its place and is often necessary when authority is needed on a matter and where money is not an issue. Under these circumstances, litigation makes sense. Otherwise mostly resolving disputes through mediation is preferable.
Here are 6 tips to consider when it comes to litigation vs mediation:
Do you own a property in a community scheme? Is an owner’s/general meeting coming up soon? Can one still appoint a proxy and how does it work? See these golden tips below. First, let’s take a look at what a proxy is. A proxy is the person who actually votes at the meeting. He/she has been given…Details
About to sell your property? Heard many “horror” stories?
Ensure a smooth sale with these 5 hot tips:
Written Valuations: Canvass your area. Contact prevalent and reputable agents and obtain at least 3 valuations coupled with a history of all sale prices in your area for a one year period.Details
Bought a property recently? Planning on renting it out? It’s a simple fact that well-managed rental properties attract the best tenants, while laid-back landlords attract more problem tenants. Take an ‘all in, hands on’ approach to running your property rental business with these 5 smart strategies:Details