introduction to debt collection and civil procedure

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5 Terms

1
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define debt

in simple it means you owe someone something

having a debt means the debtor owes the debtor something usually money

2
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sources of debt collection rules

the magistrates court and and the national credit act

3
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what ways can a debt be recovered by a debtor when executing a debt?

stage 1

  • letter of demand

  • section 58

  • section 57

when executing


4
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what are the stages of executing debt?

5
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