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Response to time clock starts from?

from paul delouche (delouv@mweb.co.za)
Thanks very much for your info. It's been extremely informative. I think the question of viability regarding default dates is now incidental as it's been nearly 14 years since probably the 5th or 6th missed payment. What I'm still unsure about however is the re-setting of the clock. Am I right to presume that re-setting the 12 year clock will be determined by the following: 1)Acknowledging the debt either returning I & E forms or making some form of offer or monthly payment or 2) the instigation of court proceedings or the submission to the defendant of a MJO or stat. demand.

Many thanks

Paul.

(posted 7338 days ago)

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