The Trouble with Family Loans: A R540,000 Lesson

The Trouble with Family Loans: A R540,000 Lesson

The Trouble with Family Loans: A R540,000 LessonKVV Inc Attorneys
Published on: 04/03/2025

Family loans can be risky. A recent court case highlights the importance of written contracts, even with family. In this instance, parents lost R540,000 because they couldn't prove a loan agreement with their daughter. Without a contract specifying terms, repayment, and intent, family ties offer no protection.

Credit Law
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January is “Divorce Month”: Beware the Dangers of DIY

January is “Divorce Month”: Beware the Dangers of DIY

January is “Divorce Month”: Beware the Dangers of DIYKVV Inc Attorneys
Published on: 04/03/2025

January's reputation as "divorce month" sees a spike in marital breakdowns, often exacerbated by holiday pressures. While "DIY" divorces may seem appealing, they're fraught with legal pitfalls. Formalities, consent papers, children's rights, maintenance, and asset division require expert guidance.

Family Law
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KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships, Driving Results.

© KVV Inc. Attorneys 2025. All Rights Reserved. Privacy Policy | POPIA

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships,

Driving Results.

© KVV Inc. Attorneys 2025.

All Rights Reserved. Privacy Policy | POPIA