MBD Harrasment & Threats

Please take note that I have on numerous occasions (when being harassed by your consultants) informed you that the debt you mention is prescribed (Reference Number: ***). I do not intend to sign or pay anything. If you issue summons, do so at my current address and I will defend the summons based on prescription and will hold all legal costs against you. Listing prescribed debt on a credit bureau is specifically prohibited by the regulations to the National Credit Act and any attempt to list me will result in a defamation of character claim against you.<br> <br> Section 10 of the Prescription Act reads as follows:<br> <br> 10. Extinction of debts by prescription.<br> <br> (1) Subject to the provisions of this Chapter and of Chapter IV, a debt shall be extinguished by prescription after the lapse of the period which in terms of the relevant law applies in respect of the prescription of such debt.<br> (2) By the prescription of a principal debt a subsidiary debt which arose from such principal debt shall also be extinguished by prescription.<br> (3) Notwithstanding the provisions of subsections (1) and (2), payment by the debtor of a debt after it has been extinguished by prescription in terms