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Published byAlexandra Jacobs Modified over 9 years ago
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The Debt Collectors Amendment Bill 2016 Unintended Consequences Marius Jonker - CEO - ADRA
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The Debt Collectors Amendment Bill 2016 Highlights 1Are objectives met 2Definitions lacking 3Effect on in duplum saga 4Effect on subscription costs 5Unchecked investigation powers
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The Debt Collectors Amendment Bill 2016 OBJECTIVES Curb Abuse Law Society vs Council for Debt Collectors Level Playing Field Legal Profession vs Debt Collection Occupation Dual Regulation vs Single Regulation Contingency Fees Touting vs Marketing Profit/Expense Sharing Professional Negligence
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The Debt Collectors Amendment Bill 2016 What is “debt collection”? Claims Included: Contractual, and Delictual, and Undue enrichment Liquidated and non-liquidated claims
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The Debt Collectors Amendment Bill 2016 In duplum? Who to interpret and enforce, NCR versus Council for Debt Collectors Includes all claims, common law delictual and undue enrichment Pre and/or post liquidation of claim Effect on parties right to access to court
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The Debt Collectors Amendment Bill 2016 Subscription Cost? Management of Debt Collector versus Attorney Disciplinary enquiries Taxation
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The Debt Collectors Amendment Bill 2016 Investigation Powers Anton Piller Provision What about the unregistered “debt collector”? No provision for: Court scrutiny No protection/”security” against damages No protection of IP
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The Debt Collectors Amendment Bill 2016 Recommendations 1x Participation in statutory alignment 2xDebt collectors/Attorney Cooperation 3xAdapt Marius Jonker - CEO - ADRA
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