debt

Every time you apply for credit (let’s say a mobile phone network contract for example), your potential creditor will first consult your credit profile before accepting or rejecting your application.   Your potential creditor does this to determine how risky it is to lend you money. You see, your credit profile shares all your secrets: […]

Repossession – Beauty miraculously dodges the Bleepbank Beast This Friday Legal Hero celebrates 3 years of offering our members a solution (quality legal cost insurance) to unaffordable legal fees. As part of our celebration, we would be honoured to share a few success stories with you. Disclosure: the below is based on a true story […]

Financial problems getting you down? Outstanding debt is easier to sweep under the carpet than to deal with. Initially, you might find some solace in pretending, however, as time progresses, that bulge under the carpet will eventually become stress bulges that run down your neck and keep you up at night. Eventually the sound of […]

South Africans are drowning in debt! According to the National Credit regulator, debt counsellors have assisted over indebted consumers with repayment plans worth up to R18 BILLION in total. Statistics show that by 2013, about 240 034 government employees and about 120 000 private sector employees had emolument attachment orders (a garnishee) against their salaries. WHAT […]

This weekend might be a great time to get your ducks in a row and write a Will! DIY Wills are, however, dangerous and can be declared invalid. If you are a Legal Hero policyholder, rather contact your hero and ask for professional assistance. 5 FAQ’s answered:  1. What are the basic formalities? a) Write/ […]

  “Hi, Im working for a construction company as a manager. The company owes me december, january, march and april salaries. I lost because of not paying my debts. Can you please advise me on what steps to take so that i dnt lose the money im being owed and must the company pay me interest because […]

Love is wonderful but every so often it can seduce us into acting hastily and making bad life decisions. One such a decision is choosing the wrong matrimonial property regime. What is a matrimonial property regime? A matrimonial property regime is a big word for the financial arrangement between you and your spouse. You could […]

Did you know? Fees owing to the SABC in terms of your TV license NEVER prescribe/ become invalid! This is significant as most debts may prescribe after 3, 6, 15 or 30 years. In terms of the Broadcasting Act and Television License Regulations, licenses are payable in advance and unpaid license fees will NOT constitute […]

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