What can I do about a debt that is about ten years old, and is still attracting interest?

this debt for a bank overdraft, which I did not have a facility for, the amount overdrawn was about R16 000.00, (in the year 2000). I paid a few installments towards this o/d while I was still employed. In 2002 I was unemployed for a while and did not pay for a while. A judgement was taken out against me in 2002, I paid for a few months. The payments were very irregular,due to being on commission only. I never heard from anybody until 2007 (another attorney ) about the same debt, but now the debt had escalated to R55 000.00. I paid a few instalments, but it has been 6 months now since I’ve paid. The amount is still R55 000.00

Asked by: TERENCE GIDEON 581 days ago - 1 Answers - 751 views

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