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The Enivetable Consequences of Ignoring Summons as a Debtor
One of the most immediate and severe consequences of ignoring a summons in South Africa is the risk of a default judgment. If you fail to respond to a summons within the prescribed time frame (usually 10-20 days), the court may proceed without your input and issue a default judgment in favor of the creditor.
Considering Family Trusts for couples Married In Community of property
A family trust, legally established under the Trust Property Control Act, is a versatile tool for managing wealth and assets. It allows couples to transfer assets into a trust, often for the benefit of their children or other beneficiaries.
Understanding the Implications of Debt Review in South Africa
While under debt review, you are flagged with a credit bureau as being under review. This mark will stay on your credit record until you've completed the process, which can take several years. This makes it challenging to secure new credit during this period.
Exploring Photography Rights in South Africa: Photographer vs. Subject
Who owns the rights to a photograph in South Africa? Does the photographer have exclusive rights, or does the person photographed also hold certain rights? To shed light on this matter, we delve into South African legislation and the extent of rights that photographers and their subjects possess.
When Can a Court Order Forfeiture in a South African Divorce?
What exactly is forfeiture, and under what circumstances does it come into play in a South African divorce? This article is your comprehensive guide to understanding the intricate web of rules and reasons that lead to the forfeiture of assets.
Mastering Government Contracts: Navigating the Key Clauses of Service Level Agreements
A well-structured SLA can ensure a smooth working relationship, while overlooking important clauses can lead to misunderstandings and disputes. In this article, we will explore some of the crucial clauses that private companies should consider when entering into an SLA with the South African government.
Don’t Tweet It If You Can’t Prove It: Can Your Tweets Get You Sued for Defamation?
Tweets can go viral in a matter of seconds, reaching a vast audience. A defamatory tweet can quickly cause substantial harm to a person's or entity's reputation.
Navigating the Tax Implications of a Family Trust in South Africa: The Importance of Compliance with SARS
Compliance with SARS is not optional but a legal obligation. Failure to meet these obligations can result in severe consequences, including penalties, fines, and legal actions. It is crucial for trustees and beneficiaries to be aware of their responsibilities and ensure that all tax-related matters are handled diligently.
Weathering the Storm: What to Do When Your Insurance Refuses to Pay for Thunderstorm Damage
In South Africa, you can also lodge a complaint with the Ombudsman for Short-Term Insurance. They act as an independent mediator and can help resolve disputes between policyholders and insurance companies.
Consequences of Dying Without a Will in South Africa
It's also important to note that without a will, your assets could end up in the hands of distant relatives or even the state, rather than benefiting the individuals or causes you hold dear. It's a scenario that no one wants to contemplate, but one that can become a reality if estate planning is neglected.
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