by Guthrie Colananni Attorneys | Apr 25, 2024 | Credit Law
“In life, we never lose friends, we only learn who the true ones are” (Unknown) Lending money to a friend or family member in need sounds like a natural and informal sort of thing to do. But beware – if relations sour and your friend/relative can’t or won’t repay you,...
by Guthrie Colananni Attorneys | Jul 26, 2022 | Credit Law, Debt Recovery, Uncategorized
“How sharper than a serpent’s tooth it is to have a thankless child!” (Shakespeare) “Family helps family in times of need” – that’s been part of human culture since long before the dawn of history but be sure to observe all legal formalities. A recent High...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Credit Law, Debt Recovery, Litigation
“…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...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Credit Law, Employment and Labour Law, Personal Finance, Property
If you are one of the many employees retrenched or put on short pay or unpaid leave as a result of the COVID-19 crisis and lockdown, you will be wondering how to cover the monthly instalments on your mortgage bond and other credit agreements. You have no doubt heard...