FindBetter

  Understand your repossession rights in South Africa with this comprehensive guide. Learn the legal steps and protections to safeguard your property.     Nobody wants to face repossession, but sadly, it can become a reality if you are overwhelmed by debt and can no longer keep up with payments. If you’re starting to see warning signs, then you need to understand your repossession rights, as this is your first line of defence. By learning how and why repossession happens, you can proactively seek a debt solution in SA and potentially avoid legal action from your lenders.   Repossession laws in SA: How does it work?   In South Africa, lenders or banks must follow a specific legal process before repossessing your assets. First, they must issue a Section 129 letter of demand or notice once your account is 20 days in arrears. Next, they must serve you with a court summons, delivered by a Sheriff of th...

  Explore the importance of debt counselling in 2025. Learn how professional guidance can help you manage debt, reduce stress, and improve financial health. Are you struggling to repay your debts every month? Do you feel a constant, gnawing anxiety about your financial situation? You might need debt counselling in South Africa. This structured intervention is often the most prudent first step you can take to get your finances in order while avoiding repossession and legal action from creditors. Let’s explore how it works and how it might help you in not just becoming debt-free but also rebuilding your credit score.   What is debt counselling?   Debt counselling in South Africa is also called a debt review This is a legal and regulated process that may provide the lifeline necessary to overcome over-indebtedness in South Africa.   Here’s a quick run-down of how debt counselling works:   · ...