Civil Litigation & Debt Collection
It is mandatory for community schemes to pay CSOS levies as per the regulations of the CSOS Act. These levies are calculated based on the individual levies collected from unit owners.
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There is often conflict when there is shared responsibility for land and building and, the CSOS aims to manage operations and provide efficient and cost-effective methods for dispute resolution within community schemes.
Part of managing and maintaining a section title scheme is collecting levies from the owners on a monthly basis. It’s important to have strategies in place that can help prevent owners from falling behind on more than one payment.
Debt review works on a timeline that guides consumers, credit providers and attorneys as well as debt counsellors. However, when the 21-day lockdown was announced, the question arose as to whether the days spent in lockdown will count as normal working days or not?
Our courts have certain requirements with regards to debt collection in South Africa. These can be broken down into different stages. In this article our attorneys explain the nine stages for you.
COVID19 has presented us with many issues we have never faced and therefore it’s understandable that there are many misconceptions regarding what is legal and what is not. Unfortunately, these misconceptions have led to many making false legal claims.
This article explains how to recover outstanding levies in South Africa and the legal process that must be followed to do so effectively. It’s of utmost importance that this legal process is followed correctly in order for the collection of outstanding levies to be successful.
Prescribed debt is debt that is no longer valid as it has not been recognised or pursued by the creditor, nor acknowledged or paid by the debtor for more than 36 months.
Owners of homes in sectional title schemes may be seeking sectional title levy relief to help them cope financially during these difficult times, considering they are still liable to pay home loans and other personal debt commitments.
In the same way that trustees determine the levies for the year ahead during their annual general meeting, they also determine what interest rate will be applied to levies in arrears.
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