Van Heerden, C.M. (Corlia)Boraine, A. (Andre), 1957-2009-10-302009-10-302009Van Heerden, C & Boraine, A 2009, 'The interaction between the debt relief measures in the National Credit Act 34 of 2005 and aspects of insolvency law', Potchefstroom Electronic Law Journal, vol. 12, no. 3, pp. 22-63. [http://www.puk.ac.za/fakulteite/regte/per/index.html]1727-3781http://hdl.handle.net/2263/11675One of the main features of the National Credit Act, which came into full operation on 1 June 2007, is its objective to afford debt relief to over-burdened consumers. Otto remarks that the NCA is an ambitious, perhaps even idealistic, piece of legislation with pronounced socio-economic aims. The purpose of the NCA as stated in section 3 thereof is inter alia to promote responsibility in the credit market by encouraging responsible borrowing, avoidance of over-indebtedness and fulfilment of financial obligations by consumers, and to discourage reckless credit granting by credit providers and contractual default by consumers. It aims to address and prevent over-indebtedness of consumers and provides mechanisms for resolving over-indebtedness based on the principle of satisfaction by the consumer of all responsible financial obligations.enFaculty of Law, North West UniversityDebt relief measuresNational Credit Act 34 of 2005Insolvency lawDebts, External -- South AfricaFinance -- Law and legislation -- South AfricaArticle