We will contact you shortly. To view some of our articles or frequently asked questions, please visit our blog.
Let’s have a look at some of the biggest reasons debtors don’t pay your account. A lot of debtors don’t pay their accounts because there is a simple dispute that the creditor might feel is the debtor’s way of wasting time or prolonging payment. This might be true, but...
Many times we get asked, “What is an Acknowledgement of Debt?” and in this article, we will go over some points regarding this. An acknowledgement of debt (AOD) is when a debtor acknowledges his/her debt obligations. The debtor admits that he/she owes a...
Some legal documents such as hire purchase agreements, loan agreements and other trade debts usually have clauses protecting creditors against defaulting debtors. As part of their terms, a provision is included that binds the debtor to pay any legal costs...
