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Articles Archive for February 2006

Credit Law, Debt Collections »

[20 Feb 2006 | No Comment | ]

The Business Report reports that the Department of Trade and Industry will soon outlaw the use of fake summons, warrants of execution and other legal documents by debt collectors and creditors. This follows on recommendations by the by the department of trade and industry’s consumer affairs committee.
This practice used by some unscrupulous debt collectors, confuses debtors into to thinking that legal proceedings have been instituted against them when they have not. Tanya Woker, the chairman of the consumer affairs committee, said, “…it was an unfair business practice for any entity …

Credit Law »

[14 Feb 2006 | No Comment | ]

The case of SA Breweries Ltd vs van Zyl 2006 (1) SA 197 (SCA) is of interest to those creditors who are companies that have bought businesses including book debt and debtors or restructured their businesses by selling the business of one of their trading entity to another of theirs.
SAB had, as part of a restructuring, sold the business of South African Breweries Ltd, a company formed in 1969 (“SAB 69″) to Lexshell 159 Investments (Pty) Ltd, which later converted to South African Breweries Ltd (“SAB 98″). Part of the …

Credit Management »

[1 Feb 2006 | No Comment | ]

Bentley Credit Control takes pleasure in inviting all involved in the credit management of commercial collections (business to business) to a full day seminar covering the following topics: