Sep 4, 2023 | Commercial Recoveries
As legal professionals, we have seen firsthand the importance of keeping proper records when it comes to commercial recoveries from debtors. Keeping accurate and up-to-date records can make the process of recovering debts from delinquent customers significantly easier...
Sep 30, 2021 | Commercial Recoveries
Nearly all business owners will at some point be in a situation where they have rendered goods and services but have not been paid for their effort. When this happens the business owner will have to decide whether to write off the debt or to try to collect it. ...
Apr 12, 2017 | Commercial Recoveries, Litigation and Dispute Resolution, Regulatory
Literally translated, in duplum means ‘double the amount’. A part of South African law since the early 1800’s, it is a common law rule that specifies that interest on a debt will cease to run when the total amount of arrear interest has accrued to an amount equal to...