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August 2014

MORA INTEREST

Posted By: |Posted In: Blog , Uncategorized | August 22, 2014

Mora is a Latin term which denotes the elapsing of time or a delay. Mora interest accrues where payment is overdue (delayed) and no interest rate has  been agreed between the parties. In order for a creditor to become entitled […]

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INCREASE IN THE MONETARY JURISDICTION OF THE MAGISTRATES’ AND SMALL CLAIMS COURTS

Posted By: |Posted In: Blog | August 12, 2014

DID YOU KNOW THAT YOU CAN NOW BRING A CLAIM OF UP TO R400 000 IN THE REGIONAL COURT?   The monetary jurisdiction of the Magistrates’ and Small Claims Court has recently increased, making the courts a little bit more accessible […]

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