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Prescription is judicially interrupted when process initiating a lawsuit for recovery of that particular debt is issued and served on the debtor.
Disputes often arise between insurers and policyholders regarding the value of insured property. Some of these disputes are resolved with little difficulty, as the value can be relatively easily established.
ZAR 475 million, ZAR 210 million, ZAR 59 million, these are not lottery-winning jackpot amounts.
The strongest deterrent against FSP compliance missteps is or should be: