Debtfree DIGI October 2015
SA's Free debt counselling & Debt Review industry. We look at local news about creditors and the NCR. We interview the head of Capitec Banks debt review department and a Cape Town Debt Counsellor and...more
SA's Free debt counselling & Debt Review industry. We look at local news about creditors and the NCR. We interview the head of Capitec Banks debt review department and a Cape Town Debt Counsellor and...more
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
OCTOBER<br />
NEWSLETTER<br />
COURT CASES AND<br />
THE NCR FEE STRUCTURE<br />
It seems that the Barnardt case is getting<br />
a lot of attention recently in the press<br />
and we will be chatting about it on our<br />
dedicated members Facebook page<br />
in the next few days. Please weigh in<br />
on what we can and should do in this<br />
regard. It is likely that this matter (costs<br />
orders against Debt Counsellors and the<br />
Fee Guideline in court) will be raised at<br />
the Credit Industry Forum in the near<br />
future.<br />
FRB IN COURT MATTERS<br />
When dealing with Wesbank or FNB it<br />
is good for members to remember that<br />
they are actually dealing with FirstRand<br />
Bank Limited (who are registered with<br />
the NCR as NCRCP20) . Often on court<br />
documents relating to Direct Axis,<br />
Call Direct, Clicks and Wesbank Debt<br />
Counsellors name these separate entities<br />
as respondents in the court papers (and<br />
are listed as such by us in our 17.1s and<br />
2s) but members should consider if<br />
these are, in fact, NCR registered entities<br />
or actually fall under the FRB umbrella.<br />
In the past some courts have picked this<br />
up and have even issued costs orders.<br />
Members will want to work according to<br />
the NCA requirements to avoid mistakes.<br />
We will be talking more about this on<br />
our members page on Facebook.<br />
AGM<br />
Our Annual General Meeting will be held<br />
shortly and we will be emailing all our<br />
members an invitation. Please attend<br />
the AGM to discuss the year gone by<br />
and the plans for the next 12 months or<br />
send your proxy votes with one of the<br />
members who do attend.<br />
CONTACT DETAILS<br />
FORUM: www.debtconcern.webs.com / WEBSITE: www.allprodc.org /<br />
FACEBOOK: www.facebook.com/AllProDC / TWITTER: www.twitter.com/AllProDC