1. Purpose of this Act. Labour Relations Act (No. 66 of 1995). as amended by the. Amendment-Afrikaans Labour Relations Act 1998, Amendment-Labour Relations Act 1996, Amendment-Labour Relations Act 1998, Amendment-Labour Relations Act 2000, and Amendment-Labour Relations Act 2002.abour Relations Act (No. 66 of 1995). as amended by the. Amendment-Afrikaans Labour Relations Act 1998, Amendment-Labour Relations Act 1996, Amendment-Labour Relations Act 1998, Amendment-Labour Relations Act 2000, and Amendment-Labour Relations Act 2002.
An unsecured debt is an obligation or debt that does not have specific property (like your house or car) serving as collateral for payment of the debt. If you fail to make payment on an unsecured debt, the creditor cannot take any of your property without first suing you and getting a court judgment. (There are a few exceptions to this rule.). A secured debt, on the other hand, has a piece of property serving as collateral for the debt.
Blog. A 1099-C is a federal (IRS) tax form for cancellation of debts. A 1099-A is similar but is issued after a foreclosure. Sometimes a creditor, after trying to collect from you, will decide that the debt is uncollectible and will âcharge offâ the debt in order to get a tax break.The IRS normally counts debts forgiven that you receive a 1099-C for as income, thus requiring you to pay taxes on it.ometimes a creditor, after trying to collect from you, will decide that the debt is uncollectible and will âcharge offâ the debt in order to get a tax break. The IRS normally counts debts forgiven that you receive a 1099-C for as income, thus requiring you to pay taxes on it.