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Thread: How do remove a judgement against my name?

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    How do remove a judgement against my name?

    How do I remove a judgement against my name?

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    Platinum Member sterne.law@gmail.com's Avatar
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    If you have paid the bill you can get the judgement rescinded.
    You need a letter of consent from the debtor and then you file an application at court.
    Anthony Sterne

    www.acumenholdings.co.za
    DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

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    Email problem KimH's Avatar
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    http://www.fin24.com/Money/Debt/Fres...umers-20140227

    Just read this on fin 24 - it appears that people with paid up default judgements will have their records automatically cleared soon.

    All part of the lead up to the elections no doubt - wonder if they will actually manage to get it done or if its just lip service...
    "If at first you don't succeed, do it like your mother told you."

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    Platinum Member sterne.law@gmail.com's Avatar
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    Actually it has been mooted for some time.
    It will be an amnesty type event. At this stage they are talking of adverse listings where the debt was R10000.00 or less.
    Anthony Sterne

    www.acumenholdings.co.za
    DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

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    Platinum Member sterne.law@gmail.com's Avatar
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    General:*Credit bureaus to clear paid-up judgment recordsUnfavourable consumer credit information relating to paid-up judgments is to be removed from credit bureau records starting on 1 April, says a*Business Day*report. The Department of Trade and Industry published a notice this week setting out the process to be followed to ensure people who have paid their debts are no longer blacklisted. Trade and Industry Minister Rob Davies said yesterday that the current system did not prevent reckless lending as lenders generally failed to conduct proper affordability assessment and instead relied on credit bureau information.*Davies said it was not an amnesty on the debt people owed.*‘You have to pay back your debt … but we do not think the current system is adequate to prevent reckless lending and to protect individuals who are affected.’ The report adds in future, people who had paid their debts would be automatically removed from credit bureau records. ‘We need to clear the slate as we introduce a new system through the National Credit Amendment Bill,’ Davies said. The Bill was presented to the National Assembly yesterday and will probably go before the National Council of Provinces late next month. The notice gives credit bureaus two months to clear their records of people who have paid their debts and have been adversely classified as ‘slow paying’, ‘absconded’ or ‘not contactable’.Full Business Day report (subscription needed)
    Anthony Sterne

    www.acumenholdings.co.za
    DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

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