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The Appellate Division has spoken - Sequestration Proceedings do not Qualify as Proceedings to Enforce a Credit Agreement under The National Credit Act 34 of 2005: Naidoo v ABSA Bank 2010 4 SA 597 (SCA)
(2011)
This case note aims to analyse the decision of the Supreme Court of Appeal in
Naidoo v ABSA Bank 2010 4 SA 597 (SCA) and to spark some debate as to whether
being under debt review in terms of the National Credit Act (NCA) ...
Perspectives on the Termination of Debt Review in Terms of Section 86(10) of the National Credit Act 34 of 2005
(2011)
The National Credit Act 34 of 2005 (the NCA) aims to address and prevent the overindebtedness
of consumers and to provide mechanisms for resolving over–indebtedness
based on the principle of satisfaction by the consumer ...
The National Credit Act Regarding Suretyships and Reckless Lending
(2011)
In terms of the National Credit Act a credit provider may conclude a credit agreement
with a consumer only after he has made a proper financial assessment and concludes
that the consumer will be able to satisfy all of ...