Efficient Debt Recovery Services at Full Output 1385

22/01/2013

Affordable...

-Tracing;
-Debt Collection;
-Detail confirmation;


And more!

http://fulloutput.weebly.com/

18/01/2013

Take the first step towards getting your money back!

18/01/2013

-Tracing of Absconded Debtors
*Field tracers
*Tracing by using our research services and confirming crucial confidential information.

- Categories of Debt we Recover

** Bad cheques
** Retail accounts
** Credit card accounts
** Unpaid invoices
** Property debt ( Rentals)
** Overdrafts
** Medical accounts/collection
** Corporate accounts / collection

- Other Important Services Available

*** Delivering of Summonses (e.g. Divorce, Child Maintenance etc.)
*** Delivering of Section 58 Documents
*** Verification of Qualifications and/or Personal Details
*** Repossession
*** Delivering of Court Orders
*** ID Validations
*** Validation of Death Certificates

http://www.fullouptut.weebly.com/

15/01/2013

-Tracing of Absconded Debtors
*Field tracers
*Tracing by using our research services and confirming crucial confidential information.

- Categories of Debt we Recover

** Bad cheques
** Retail accounts
** Credit card accounts
** Unpaid invoices
** Property debt ( Rentals)
** Overdrafts
** Medical accounts/collection
** Corporate accounts / collection

- Other Important Services Available

*** Delivering of Summonses (e.g. Divorce, Child Maintenance etc.)
*** Delivering of Section 58 Documents
*** Verification of Qualifications and/or Personal Details
*** Repossession
*** Delivering of Court Orders
*** ID Validations
*** Validation of Death Certificates

http://www.fullouptut.weebly.com/

15/01/2013

Is someone owing you money?
Do you want to get your money back at virtually no cost to yourself?

We offer all our clients an effective and affordable service to get their money back! We collect/recover all kind of debts.

Contact us or visit our website:

Office: 078-588-0479
Fax : 086-613-0808
Email : [email protected]

Website : http://www.fulloutput.weebly.com/

Debt Collector, Travel Agent and Events Manager

15/01/2013

15/01/2013

Need to find someone?

15/01/2013

A very happy and successful new year to all

01/11/2012

Let us help you get your money back! Debt Collection & Tracer services at cost effective rates. Visit our website : http://www.fulloutput.weebly.com/
for more information or contact us!

25/10/2012

Is someone owing you money?
Do you want to get your money back at virtually no cost to yourself?

We offer all our clients an effective and affordable service to get their money back! We collect/recover all kind of debts.

Contact us or visit our website:

Office: 078-588-0479
Fax : 086-613-0808
Email : [email protected]

Website : http://www.fulloutput.weebly.com/

18/09/2012

NATIONAL CREDIT ACT NO 345 OF 2005

The above Act came into operation on 1 June 2007, and it is important that debt collectors should study the Act as they will be affected by some of its provisions. Although a newsletter is not the place to discuss the Act, it is, however, deemed necessary to draw the attention of debt collectors to the provisions of Section 129 of the Act.

In terms of this section, the credit provider must notify the debtor in writing that he or she is in default and that the debtor has the right to refer the credit agreement to a debt counselor for debt review. This letter is a prerequisite before a credit provider may commence with further debt enforcement. This notification can only be sent to the debtor once the debtor has already been in default for 20 days. A period of 10 days after the letter has been sent must lapse before the credit provider may commence with proceedings to recover the debt, in other words, handing over to an attorney or debt collector for recovery.

Section 86(2) of the Act also contains a very important provision, namely that the consumer (debtor) is prohibited from applying for a debt review in respect of a credit agreement (including incidental agreements) if the credit provider under such an agreement has already proceeded with enforcement of the agreement as a result of the debtor’s default.

In other words the credit provider must have sent a notice to the debtor in terms of Section 129 of the Act, and 10 days had transpired since the date the letter was sent and the debtor did not refer the credit agreement to a debt counsellor for a debt review. If the credit provider has sent a notice in terms of Section 129, the credit provider may commence legal or collection procedures and the debtor will be prevented from applying to a debt counselor for a debt review.

In the light of these provisions debt collectors will be well advised in accepting a mandate to collect a debt, to ascertain from the credit provider whether a letter as required by Section 129 of the Act had been submitted by the credit provider to the debtor.

Attention is also drawn to the fact that the Council for Debt Collectors is of the opinion that the provisions of the Act apply equally to credit agreements, for example for monies loaned and advanced or goods purchased and “incidental” credit eg, for instance under certain circumstances, a medical bill which the medical aid did not pay.

Further information about the Act can be obtained from the National Credit Regulator’s website at www.ncr.org.za or 086 0627627.