Debt Collectors and Prescribed Debt Did you know that you don’t have to pay prescribed debt? Let’s be honest. Many of us can’t even keep up with our current debt payments. Wouldn’t you rather spend the money you have on your active debt — instead of using it to pay...
Prescribed Debt: the forgotten amount It pays to know your rights about prescribed debt A set of circumstances that is fairly unknown to the general consumer, prescribed debt is an important port of debt collection that can often catch people unaware....
Collectors Continue to Demand Payment of Prescribed Debt The Prescribed Debt Amendment When the National Credit Act was amended in March 2015 to prohibit the collection of prescribed debt, we all breathed a sigh of relief. The amendment was not introduced as a...
