Debt collection industry gets well deserved kick up the backside

Towards the end of 2012, the Banking Association of South Africa and the Minister of Finance reached an agreement to suspend the use of emolument attachment orders (‘EAO’) with a view to curbing the irresponsible collection of debt.  This agreement was not legally binding and many entities continued to use this methodology to collect outstanding … Continue reading Debt collection industry gets well deserved kick up the backside