Here are some examples of specific problems that were solved by using our service. 

• All legal action against our clients like a summons, judgments and a number of auctions, were stopped within a matter of days. This gave them an opportunity to try and sell their properties or to get their accounts up to date.

• More importantly, they all avoided a situation where they would have been blacklisted for 30 years. Even those that were already blacklisted were able to side step this period, and are now able to buy another house or a vehicle in just a short space of time.

• Those who could not stop their auctions avoided the 24-hour eviction notice that would have been served on them, and was even able to stay on in their homes for a number of months without having to pay rent.

• The shortages that occurred on their bond accounts after the auctions took place they also did not have to pay back. That alone made it more than worth their while to make use of our service.

• Instructions that the various sheriffs of the court would have received to do further attachments on their movable assets, had to be withdrawn.

• Many of these clients of ours even managed to cancel every garnishee order that was attached to their salaries, and can now enjoy much better pay cheques. Many people do not even know that they can do this.

Please note: Should your creditor promise to stop the auction if you pay in half of the amount in arrears, be very careful if you do not get this in writing. He is still entitled to proceed with the auction.

What happens if my house was repossessed and going on auction?

Should you not be in a position to bring your account up to date, you can stop the process immediately. It depends entirely on you.

What ever you do, do not let them sell your assets on an auction before you have spoken to us. If you can not avoid the auction, do something about it immediately. Do not take it lying down, use the law to fight back. Most people do not even know that they can do this.

There are certain things that can happen during and after the auction. Are you capable of coping with it?

• Your property will be sold to the highest bid, it might only be R100-00.

• This means it can be sold for much less than what you still owe on it.

• This balance will have to be paid by you, whether you like it or not.

• You could be hounded for this money for at least 30 years.

• You could also be facing a very short notice eviction order.

• A garnishee order could also be imposed on your salaries.

• The sheriff could be instructed to attach all your movable assets.

• All legal fees in this regard is for your account and will have to be paid.

• Even after 5 or 10 years, they can again attach your new acquired assets.

Don’t let this happen to you. Have a FREE evaluation done on your financial situation and you will be surprised to see how easy it really is to get out of this predicament. After just 10 days of your personal application, no creditor will be able to proceed with sales in execution or any action as a result thereof.

Will I have to move out on the day of the auction?

By law you can be asked to vacate the premises in 24 hours, or you will be presented with a rental agreement until such time that the house is sold by the bank. The rental agreement obviously only applies if the bond holder has bought the property back at the auction. Should a private person buy the property, you could get a week or two notice to vacate.  

Why do properties get sold on auction for only R100-00 ?

Normally what happens at an auction of this nature is that on the day of the auction, your creditor is always present to protect his interests. Should there be an interest from the public, your creditor will also partake in the bidding process until an amount is reached that he is satisfied with. The shortfall will be your liability.

Should it happen that there are no bidders for your property on the day, your creditor will then buy back his interests for R100-00. This is normal, as he will not buy back his own property at market value. The R100-00 is basically to become the legal owner of your property, and you will then be liable for the rest of your outstanding bond. From there onwards, he will resell it at a market related price.

Who is responsible for the balance on my bond after an auction ?

This will certainly happen. You will still be liable for the balance of your bond, and will be able to pay it back on the bondholder's terms. You will most likely be asked to make them an offer, which you will be committed to until such time the balance is paid in full.

What do I do if my house has already been sold on an auction ?

In the case where your property has already been sold on an auction recently, do not abandon your home at this stage before talking to us. Do not make this mistake !! You will still be able to stay on for several months.

We can show you how to stop further legal action against you immediately and prevent the execution creditor from obtaining an eviction order against you.

We can also show you how the sale in execution that has taken place, can be put on hold for at least another three months, if not longer, during which time you may still occupy the property without having to pay any further installments.

You might also not be held liable for the difference between your outstanding bond and the price that was paid for your property on the auction. Normally you have to pay back this difference.

You will legally be able to prevent the Sheriff of the court from impounding any of your movable assets.

We live times today where debt and credit are taking on wretched proportions. If you do not believe me, just have a look what is going on at the Credit bureau or at any office of the Sheriff. You will be shocked in your findings.

Stop All Legal Action Against you Now !!

P.O. Box 16315 Atlasville ZA 1465

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