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Search Results for: general notarial bond

Creditors: How to Secure Your Claim with a Notarial Bond

You should always take as much security for your claims as you possibly can before advancing credit or lending money to a debtor. That’s because if your debtor fails and is “liquidated” (if a corporate) or “sequestrated” (if an individual), without security you will have only a concurrent claim in the estate. And with a concurrent claim, you will be lucky to get back more than a few cents in the Rand, because you will rank right at the bottom of the ladder after both secured creditors and preferent creditors (employees, SARS etc). So, first prize is always to hold security for your claim Having a “secured claim” greatly increases your chances of being paid out a decent amount (hopefully your claim in full), because the proceeds of the asset/s…
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Notarial Services

Notarial Services Originating from the scribes of ancient Hebrews, Greeks and Egyptians, the office of a Notary Public is a highly respected office of trust both in South Africa and throughout the world. In South Africa, a Notary Public is an admitted attorney with special powers to draw up and authenticate specific documents - the attorney must have been admitted as a Notary Public. South African law requires that certain documents be notarially executed and Notaries are authorised by the High Court of South Africa to draw up and attest to these documents. Furthermore, Notaries are also authorised by the High Court to witness and verify the authenticity of signatures and copies of certain documents, mainly for use overseas. Our Notarial services include: Antenuptial Contracts (generally referred to as an…
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