YOUR MONEY | What to about a Section 129 notice

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(Photo: Gallo Images/Getty Images)
(Photo: Gallo Images/Getty Images)

The biggest mistake you can make is not to take it seriously. A Section 129 notice is a formal step taken by creditors before they can start the legal process against you.

Any attempt to ignore it will be futile – and if you do, it’ll mean you could incur additional costs over and above your existing debt.

Here’s what you need to know.

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