DMC
LAW BREAKERS

Business & Finance

We received an letter from your company in regards to my wife's FNB account. This account was opened in 2004 and we stopped paying the account in 2005 due to the fact that we struggled with only one income. According to the South African Act 69 of 1969 states: Hence, a creditor who is owed money, or a person who has a legal claim of any other kind, should be acutely aware of the point in time at which prescription started running and should be sure to serve a summons on the debtor before the prescriptive period - usually three years - has gone by. If the creditor fails to do so, then the debt or other claim is extinguished and he forfeits forever the right to compel payment. Further more it states: Mrs. S.E Venter is not liable for any payments to this account according to law, Act 68 of 1969.

We hereby demand that my wife, MRS S.E. Venter will be taken off the ITC immediately and we receive an letter that you did so, or I will take the necessary steps further in obtaining a court order for you to do so.


Company: DMC
Country: South Africa
City: CAPE TOWN
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