Date/TimeDate(s) - 07/10/2021
9:00 am - 4:30 pm
About the event
Background of the Webinar
New Legislation has changed the way we are able to collect debt. Consumers and Business are more protected and more aware of the rights then they where 10 years ago. This important workshop looks at techniques to improve your collection of outstanding debt and current legislation that governs your collection of outstanding debt.
Including Business Rescue (Chapter 6) of the Companies Act
The National Credit Act
National Credit Act Regulations
The National credit regulations including afford ability assessment regulation now effective 13 March 2015
The National Credit Amendments Bill on debt intervention
Published in November 2017 circulated in September 2018
Business Rescue (Chapter 6) of the New Companies Act is having a major effect on new assessment and the collection of all commercial debt. The new Companies Act came into effect on the 1 May 2011.
Business Rescue Protects existing companies and close corporations in a similar way as the National Credit Act affords protection to individuals. It is extremely important that your organization has a clear understanding of this piece of legislation and commence preparing for the effect it will have on future collection of accounts.