In Body Corporate Palm Lane v Masinge (2013 JDR 2332 (GNP)) the court exercised its discretion in terms of section 12(1) of the Insolvency Act 24 of 1936 against the granting of a final order for sequestration even though ...

Ongeveer ’n dekade gelede het die Departement van Justisie en Konstitusionele Ontwikkeling, na aanleiding van klagtes deur verbruikers oor die misbruik van die administrasieprosedure, ’n projek ter hervorming van hierdie ...

Statistics showing that only 3.8% of consumers who have applied for debt review in terms of the National Credit Act 34 of 2005 (NCA) have succeeded to have their cases adjudicated by the court, indicate that the process ...

Ingevolge artikel 21 van die Insolvensiewet 24 of 1936 vestig die eiendom van die solvente gade na sekwestrasie van die insolvente gade se boedel in laasgenoemde se kurator. Die onus rus dan op die solvente gade om te ...

In a recent case, the question arose as to whether the applicant in an application for the voluntary surrender of his or her estate may forfeit his or her salary with a view to establishing the requirement of advantage for ...

The economic downturn following the 2008 global financial crisis has inter alia invoked a movement towards responsible lending practices in order to protect credit consumers from irresponsible lending and over-indebtedness. ...

The National Credit Act, which repeals and replaces the Credit Agreements Act and the Usury Act, has been assented to by the President on 10 March 2006. The Act is designed to prohibit certain unfair credit and credit ...

Before discussing the decision in Nedbank Ltd v Swartbooi it would be useful, first, to briefly discuss the relevant provisions of the National Credit Act (34 of 2005) (NCA).

Artikel 85 van die “National Credit Act” bied aan verbruikers die geleentheid om skuldverligting ingevolge die Wet te bekom selfs nadat kredietgewer met stappe vir skuldafdwinging begin het. Ingevolge artikel 85 mag ...

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