Debt Review - Debt Counselling / Skuld Hersiening - Skuldberading
Monday, March 23, 2015
Thursday, March 5, 2015
FirstRand Bank Ltd v Govender
In this case the High Court considered the question whether or not to come to the assistance of a consumer that applied for debt counselling. The consumer did not disclose his full financial information to the Court and the Court then stated that a consumer must not be coy when asking for the assistance of the Court. The consumer has to disclose his full financial information to such an extent that the Court can be persuaded that the debt review payment is affordable and sustainable.
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