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Thread: Legal Question: Debt Liability for a foreign national in a South African CC

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    Site Caretaker Dave A's Avatar
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    Could you get him to sign an acknowledgement of debt for the loan account before he leaves? You'll need a good one that provides for repayment terms and allows summary judgement and attachment of assets/garnishee orders (anywhere in the world) in the event of default.

    You should also make an agreement on member remuneration issues while he is not an active, contributing member to the cc "while he is gone."
    Last edited by Dave A; 15-Jan-11 at 08:32 AM.

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