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Debt collection is when an attorney, a person who is an agent of an attorney or a registered debt collector collects, on behalf of the credit provider, any outstanding amount, plus lawful interest, admin costs and legal fees.

I hardly ever receive statements from my credit providers. Surely, they should be sending me regular statements so I can see what I owe them. What does the law say about this?

The only way a debt collector can take your property is through the legal process of attachment of moveable property and sale in execution of moveable property ; and the attachment of immoveable property and sale in execution.

“I have received various calls from a debt collector, acting on behalf of one of my creditors at all hours of the night. I have blocked the number but the calls do not seem to stop. The Collector even went as far as to threaten me and my family should I fail to make payments directly to him. What can I do to stop this harassment?”   

Collection agencies usually do not have legal authority to issue warrant of arrests or have you put in jail.

Modern life is inevitably fraught with risk. It is a fact of life that no matter where we go, what we do, or what we acquire in the process, various kinds of risks will always ensue. The prime example of this is the owner of a motor vehicle. His or her vehicle might be stolen or damaged (sometimes, beyond repair) in a motor vehicle collision due to the negligent driving of the vehicle, which may see the owner of the motorcar incurring liability towards a third party for the loss suffered by the latter, as a result of the collision or accident. Similarly, the loss of or damage to the vehicle may give rise to incidental loss if the owner is precluded from earning an income with it.

In the event of any of the aforesaid uncertain events occurring, the owner of the motor vehicle will suffer monetary loss, or what is known in law as patrimonial loss. The owner may also suffer non-patrimonial loss should he or she sustain bodily injuries, or in the case of the death of the owner.   
It is evident that risk pervades all areas of human activity, although not only on our roads.