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South Africa Case Law

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Banking And Finance [2017] ZANCT 119

Sager and Others v Absa Bank Limited and Others (NCT/75475/2017/138(1)(P))

Sager and Others v Absa Bank Limited and Others (NCT/75475/2017/138(1)(P)) [2017] ZANCT 119 (25 October 2017)

The Tribunal varied a consent order in a debt re-arrangement case to correct BMW Financial Services’ loan term to “linked to the prime interest rate.”

  • Debt Rearrangement
  • National Credit Act
  • Consent Order Variation
  • Interest Rate Terms
  • Debt-rearrangement
  • Consent-order-variation
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.