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The Latest Debtfree DIGI

Friday, June 18, 2010

Questionable Nedbank & FNB Terminations

Recently the NCR has called an investigation into questionable termination practices. They have called on all DC's to contribute information.

Please see the contact details below:

For Questionable Nedbank Terminations: Koketso Tlou at

For Questionable FNB Terminations: Mark Whale at

For all other general complaints to the NCR please use:

Monday, June 14, 2010

Debtfree DIGI June 2010 issue

A reminder that the June 2010 issue of Debtfree will be out this week.
Be sure to visit the website to read it or wait for the invite to arrive via email.
If you are not on the mailing list: Please email to subscribe.

Thursday, June 10, 2010

Soccer World Cup

SA went to sleep to the sound of vuvuzelas last night as parties country wide were held. Today will be more of the same with folks glued to the screen country-wide. People hate debt..and dealing with it. People love escapism however. So world Cup here we go.

Sunday, June 6, 2010

ABSA change their mind yet again...

So ABSA have made a retraction regarding the service of court documents they issued earlier. OOPS!
Ally Mafunzwaini General Manager of Customer Management has issued a statement as follows:

Quote:"With reference to the communication dated 03 June 2010, with the subject “Court Documents regarding Debt Counselling Matters and Reckless Lending Credit”, the communication is herewith retracted as it was sent out prematurely.

The process of serving Court Documents prior to the above-mentioned communication remains unchanged.

Please accept our sincere apologies for any inconvenience caused.
Further communication in this regard will follow shortly."- end quote

So they take it back...but probably will issue that request again in the future...
hope nobody gets fired.

Thursday, June 3, 2010

ABSA change their mind regarding serving court documents

ABSA have changed their stance on serving of court documentation and will now only receive service of court documents by Sheriff to the following addresses:

Servicing of Debt Counselling Court Applications, Consent Orders and Court Orders:

8th Floor Marble Towers
208 Jeppe Street

Servicing of Reckless Credit Applications:

16th Floor Towers Main
160 Main Street

Previously ABSA were prepared (like most creditors) to accept service via fax or email to a specific fax number and email address. This change will, of course, push up the cost on the legal side of things and will potentially slow the process.

This means Debt Counsellors will now have to take less time to "negotiate" with ABSA during the review process and will have to proceed with the legal side of things sooner in order not to miss their deadlines.

ABSA have requested that the Notice of Motion should be sent at least ten (10) days prior to date of hearing.

They have requested that Debt counsellors and attorneys specifically refrain from faxing or emailing any of the above mentioned court documentation even though they may previously have been granted permission to do so.

For further information:
ABSA Debt Review Call
Centre on 0861 005 901

Job Search Success | June 3 2010

If you're a frustrated job hunter - everything's taking too
long; you apply for jobs but all you get is a deathly silence;
everyone seems to be working fine except for you - then this is
the best and cheapest way I can help you. Go here:

I really sympathize with your situation. But no matter who you
are there is only one answer to your problem. Action. Right
action. Tough action. Immediate action. Massive action.

Visit the link and you'll find a program that tells you
step-by-step what the right action is and explains in practical
detail how to take it.

I know that you just want a job. You don't want advice. I
understand. You just want to send off your CV, get called for an
interview, and get the job. Right?

But to you I put just one question:

How's that working for you?

If it's not, visit:

Job hunting is not a joke. It can take you to the edge. If you
believe in miracles, then perhaps staying with your current job
hunting strategy is fine.

I truly hope you never need any job hunting advice. I get tears
in my eyes just thinking about a Father who's unemployed, he has
3 kids, his wife works but doesn't earn nearly enough to cover
even the household expenses, never mind the bond, car payments,
insurances and medical aid.

It's desperately tough. And the best I can do to help is this:

And in conclusion: if you have a job, appreciate it. Do the best
job you can every day. Even if you hate it. Make it your personal
mission to do a great job. Today. Sure, look for another more
suitable job. You will find one.

But for now: do a brilliant job today. There are many that have
just given up looking for what you have; they've lost marriages,
they've lost self respect; they've lost hope; they feel desperate
and lost. Don't take your current 'luck' for granted.

The World Cup is great. But for those that are unemployed all
the hype just seems empty, hollow. If you're stuck in a bad job,
it'll distract you for a while, but you'll still have that
feeling of dread in your stomach come Sunday nights. Get help
with your job hunt. Go to:

It's the best way I can help you.

All the best.

CV Writer, Job Hunting Coach
Author or "Job Search FAST TRACK - DYNAMITE for Job Hunters"