Loans

ConCourt to rule on Emolument Attachment orders today

The Constitutional Court is expected to hand down judgment today on the validity of processes followed to grant Emolument Attachment Orders (“EOAs”) These are special types of orders, sometimes incorrectly referred to as “Garnishee orders” by the public, which allow a creditor…

New credit registration requirements

Consumers need to be made aware of recent drastic changes to the National Credit Act which may render even the tiniest of loans susceptible to the NCA registration requirements. Previously, a person providing a loan to another which equaled or…