What are your legal options when you can't pay your debt?

What are your legal options when you can't pay your debt?
Understanding Credit Life cover
You may have another option when you are struggling to make loan repayments. Chantel explains how to legally cut your costs in times of financial distress.
Chantel Cronje
Chantel Cronje - Head of Legal, Risk, and Compliance
1 July 2020 | 4 minute read

With Legal&Tax you’re not alone

Remember Legal&Tax is your companion during the Coronavirus pandemic. Contact us for expert advice about the your legal rights during this difficult time. We are in this together and want to help you keep safe and make sure you are treated fairly.

Contact us for advice on

Recommended articles
Legal You August 2024 Feature1

Solace&You November 2024

In our latest edition of Legal&You, we are providing you with a free wealth checkup. With the end of the year fast approaching, why not take your free wealth checkup to understand your current position and start planning for your financial goals next year. There is no time like the present.
Article
Solace Feature 3

16 Days of Activism Against Gender-Based Violence

In South Africa, a woman loses her life to violence every six hours by her intimate partner, a stark reminder of the deep-seated crisis of gender-based violence (GBV). These numbers aren't just statistics; they represent lives cut short, families shattered, and communities left to mourn. As we approach 16 Days of Activism Against Gender-Based Violence, equip yourself and your community with knowledge of the rights and support available to break the cycle of abuse.
Article
Solace Feature 4

The Pressing Debt Crisis in South Africa

About 25 million adults in South Africa have incurred some form of debt, a situation that has continued to grow in recent years. Millions of South Africans are now under severe financial strain, with the cost-of-living crisis, unemployment rates climbing, and economic growth sluggish. With debt becoming a universal issue, you should explore ways to take control of your finances.
Video
View our other information hubs