“…prescription started its deadly trudge on the day the loan at issue in these proceedings was advanced” (extract from judgment below) You will know that most debts prescribe (become unclaimable) after 3 years, so as a creditor you need to know exactly when it starts running....

Your debtor owes you a fortune, but when his estate is sequestrated there is nothing in his own name. However, you find out that he is the trustee of a wealthy family trust with lots of assets that you think are really his – can...

“Running into debt isn’t so bad. It’s running into creditors that hurts” (Unknown)   Debts prescribe (become uncollectable) after a specified period of time - 3 years for most run-of-the-mill debts but 30 years for others such as judgment debts, mortgage bond debts, property rates and tax...