Examples of Debt Collectors Act in a sentence
Collection Costs will not exceed the costs incurred by us in collecting the debt, to the extent limited by law and in terms of the Supreme Court Act 59 of 1959, the Magistrates Court Act 32 of 1944, the Attorneys Act 53 of 1979, or the Debt Collectors Act 114 of 1998, whichever is applicable to the court approached by us to enforce this Agreement.
If you default under the terms of your credit agreement, we are entitled to collections costs as follows: • for a Default notice, the amount prescribed under the NCA; • for work undertaken for us by registered debt collectors to recover your debt, amounts prescribed under the Debt Collectors Act 114 of 1998; or • for enforcement action to recover your debt, amounts prescribed under the Magistrates’ Courts Act 32 of 1944 or the Superior Courts Act 10 of 2013.
In the event of the Supplier or its agent instructing a Debt Collector to collect from the Buyer an amount owing to the Supplier, the Buyer agrees to pay collection commission in accordance with the Debt Collectors Act (Act.
Legislation pertaining to debt collectors and sheriffs (Debt Collectors Act, Act 114 of 1998, and the Sheriffs Act, Act 90 of 1986).
If you default under the terms of your credit agreement we are entitled to collections costs as follows: • for a Default Notice the amount prescribed under the NCA; • for work undertaken for us by registered debt collectors to recover your debt, amounts prescribed under the Debt Collectors Act 114 of 1998; or • for enforcement action to recover your debt, amounts prescribed under the Magistrates Courts Act 32 of 1944 or the Superior Courts Act 10 of 2013.
FinChoice may charge the maximum default administration and collections costs as allowed by the NCA read with the Magistrates’ Court Act No. 32 of 1944, the Supreme Court Act No. 59 of 1959, the Attorney’s Act of 1979, or the Debt Collectors Act No. 114 of 1998, whichever applies.
The “Percent Amount of Participation” depends on whether and with whom a MBE or WBE subcontracts out any portion of its work and other factors.Firms that are certified as both MBE and WBE may only be listed on a bidder’s Participation Plan as either a MBE or a WBE to demonstrate compliance with the Contract Specific Goals.
In South Africa, the Debt Collectors Act 1998 regulates the licensing of debt collectors.
Similarly there is no exclusion for estate agents in the Debt Collectors Act, 1998 which was enacted long after the Estate Agency Affairs Act, 1976 (Act 112 of 1976).
When they collect such debts they are in my view entering the sphere of professional attorneys and debt collectors in terms of the Debt Collectors Act.