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When it comes to business loan accounts, both directors of the company as well as shareholders must be aware of the implications such loan accounts may have on the business.
However, there is an abundance of small to medium enterprises in South Africa which are mostly owned and directed by as little as one or two people.
As one of the many debt collection agencies in South Africa, we are aware of the economic struggles of the country and how they can bring financial challenges into the lives of even the most successful businessmen and women.
This often leads businesses as well as private individuals down the path of unmanageable debt which.
Businesses and individuals can benefit from outsourcing their debt collection to registered debt collectors.
Below we share just a few of these benefits.
In this article, Able Tracers and Debt Collectors South Africa outline when it may be necessary to institute legal action against a debtor and how this process works.
Even in cases where debtors are in hiding - debt collection is possible.
With over 53 years of experience as Debt Collectors in South Africa, our team has gained extensive experience in debt collection and the many processes involved in successfully collecting debt.
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