by VDT Attorneys | Aug 25, 2020 | Credit agreements, Prescription, Suretyship
Suretyship is accessory in nature, which is what differentiates it from other contracts of indemnity such as insurance. This means that suretyship only comes into being if there is a valid principle debt, or primary obligation. The accessorial nature of suretyship,...
by VDT Attorneys | Aug 14, 2019 | Boere, Collections, Credit Act, Credit agreements
Donald Fischer het op 1 Augustus in die GROOTplaas ateljee verduidelik wat ‘n #besoldigingsbevel is, en hoe die proses versonderstel is om te werk. Kyk gerus weer: http://bit.ly/besoldigingsbevele...
by VDT Attorneys | Jul 14, 2017 | Credit agreements
Where assets are sold by a creditor at a fraction of its value, it does prejudice a surety. But, it does not automatically mean that the creditor acted unlawfully. There is no principle in our law that states that should a creditor’s actions in respect of the...
