Municipal Debt Specialist : MDS New Ventures Consulting & Services

General information

MUNICIPAL DEBT SPECIALIST

High Municipal Debt on a Property you are Buying or Selling?We reduce municipal debt/clearance figures,prevent previous owners debts & maximize your profit.

New Ventures Consulting & Services has been in operation since 2002. We have concluded in excess of 11,000 successful transactions saving Rates Payers & Property Owners staggering amounts of money when transferring property. New Ventures Consulting & Services was one of the pioneers in properly implementing the correct interpretation of Section 118 (1) of the Municipal Systems Act after it was amended in 2001.

New Ventures Consulting & Services acts for most of the major banks, transferring attorneys, estate agents and property groups.

We perform a detailed audit of the Municipality’s claims. We work very closely with the Municipality in order to agree to the correct amounts and settle the debts. If need be we will institute legal action to protect our clients at our own cost. There is no extra cost to a client when signing up with us as we recover our fees out of the savings created

Our services include:

The reduction and settlement of clearance figures in order to obtain a Clearance Certificate in term of Section 118(1) of the Municipal System Act for ALL TYPES OF TRANSFERS.

The reduction and settlement of the outstanding historical debt in terms of Section 118(2) & Section 89 of the Insolvency Act to ensure that the full outstanding debt is settled in the case of LIQUIDATIONS OR SEQUESTRATIONS.

The reduction and settlement of the OUTSTANDING HISTORICAL DEBT in terms of Section 118(3).