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ESTABLISHMENT OF THE COUNCIL FOR DEBT COLLECTORS


One of the professions that has, up to now, not been regulated is that of debt collector. As a result of the debt collectors themselves requesting to be regulated and the Department of Justice frequently receiving complaints from the public, the Debt Collectors Act was adopted by Parliament.

The Act provides for the exercise of control over the occupation of debt collectors and legalizes the recovery of fees or remuneration by registered debt collectors. The overall goal with the Act is to transform the debt collection system in South Africa by monitoring the conduct and professionalism of debt collectors and promoting a culture of good governance within the profession, thus contributing to protecting the public at large, as well as creditors. The Council for Debt Collectors will exercise control over the occupation of debt collectors.

IMPORTANT NOTICE

Consolidated and annotated versions the Debt Collectors Act 1998,  the Regulations  and the Code of Conduct are contained in the Webpage in English. 

 

News & Events

Council for Debt Collectors

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NEW FEES

The proposed changes to the fees as contained in Annexure B has been approved. The ammended annexure is now available for download.

Initiatives New

Council has approved the development of a basic software program for debt collectors that will be made available for free to those collectors interested.

Council has also approved the implementation of new pvc identity cards to those collectors that require some form of portable identification.

Regular updates on these two initiatives will be posted on the Council`s facebook page.

New Chief Executive Officer  

Adv A Cornelius, Senior Legal Officer,  has been promoted to the post of Chief Executive Officer with effect from 1 July 2011  in the post occupied by Adv W Henegan who has retired.

Council Judgments Added 

The Council judgments  from 2006 up to and including 2009 are now availble in the left navigation column in e-book format  with a search facility.

Amendment of the expenses and fees 

An increase in the current expenses and fees contained in Annexure B of the Regulations is  effective from 10 August 2012.  The amendments are contained as Annexure B under downloads.  The wording of item 9 has also been amended.

 Debt collectors not registered 

Note should be taken that:

  • Dion William Mundell trading as Nationwide Debt Collectors and National Investigation Centre is not registered with the Council. 
  • Buena Vista Trading 133 (Pty) Ltd with Petrus Hendrik van Zyl as director is not registered with the Council
 

Access to the prescribed registers The accessibilty of the prescribed registers has been revised... 

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