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Heigh Ho, Heigh Ho, It’s Off to Court We Go – But What are the Costs of Suing?

Heigh Ho, Heigh Ho, It’s Off to Court We Go – But What are the Costs of Suing?

by Wessels + Van Zyl Inc | Aug 29, 2022 | Litigation

“Agree, for the law is costly” (Marcus Tullius Cicero) As Roman lawyer and statesman Cicero pointed out two millennia ago, litigation comes at a cost. So first prize will always be to settle out of court. If you can’t settle and decide to sue, arm yourself with “deep...
It’s Not Simple to Sell a House in Execution (Even if a Trust Owns It)

It’s Not Simple to Sell a House in Execution (Even if a Trust Owns It)

by Wessels + Van Zyl Inc | Aug 29, 2022 | Debt Recovery, Property

“A court shall not authorise execution against immovable property which is the primary residence of a judgment debtor unless the court having considered all relevant factors, considers that execution against such property is warranted” (High Court Rules) Selling a...
Website of the Month: Seven Steps to Becoming a Successful Landlord

Website of the Month: Seven Steps to Becoming a Successful Landlord

by Wessels + Van Zyl Inc | Aug 29, 2022 | Property, Website of the Month

“Landlords grow rich in their sleep” (John Stuart Mill) Earning passive income as a landlord is an attractive proposition which can generate substantial wealth, but before you rush into anything be sure to know exactly what you are doing. “From homeowner to landlord:...
12 Questions to Ask Before You Sign That Deed of Sale

12 Questions to Ask Before You Sign That Deed of Sale

by Wessels + Van Zyl Inc | Jul 26, 2022 | Property

“Knowledge is power” (old proverb) Whether you are buying or selling property, remember that it is too late to ask questions after you sign the Deed of Sale (often called a “Sale Agreement” or “Offer to Purchase”). “Knowledge is power” rings particularly...
Directors – When Are They Personally Liable?

Directors – When Are They Personally Liable?

by Wessels + Van Zyl Inc | Jul 26, 2022 | Company / Corporate / Compliance, Debt Recovery

“… for the benefit of immunity from liability for its debts, those running the corporation may not use its formal identity to incur obligations recklessly, grossly negligently or fraudulently. If they do, they risk being made personally liable.” (Quoted in the...
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