by OAK Law Team | Jan 23, 2025 | Articles, Debt Collection
Key Takeaways Late payments affect 47% of South African SMEs, with average payment delays of 61 days impacting business continuity (National Credit Regulator, 2023). Strategic debt prevention and early intervention can reduce collection costs by up to 25%...
by OAK Law Team | Oct 14, 2024 | Debt Collection
Key Takeaways: Comprehensive Debt Recovery: OAK Law offers a cost-effective approach to recovering outstanding debt, specialising in both pre-legal collection efforts and litigation-based debt collection if necessary. Efficient Process: Their pre-legal phase involves...
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