South Africa: National Consumer Tribunal

You are here:
SAFLII >>
Databases >>
South Africa: National Consumer Tribunal >>
2010 >>
[2010] ZANCT 21
| Noteup
| LawCite
Mangalisa v Blue Financial Services (Pty) Ltd and Others (NCT/ 296/2009/138 (1)(P)) [2010] ZANCT 21 (2 February 2010)
Download original files |
SAFLII Note: Certain personal/private details of parties or witnesses have been redacted from this document in compliance with the law and SAFLII Policy |
IN THE NATIONAL CONSUMER TRIBUNAL
HELD IN CENTURION
Case Number: NCT/ 296/2009/138 (1)(P)
DATE:02/02/2010
In the matter between:
RONALD MANGALISA.................................................................1st Applicant/Consumer
ID:
and
BLUE FINANCIAL SERVICES (PTY) LIMITED................1st Respondent/Credit Provider
KADET INVESTMENTS (PTY) LIMITED ….....................2nd Respondent/Credit Provider
ADDCON (PTY) LIMITED.................................................3rd Respondent/Credit Provider
CONSENT ORDER
The Tribunal having read the papers filed of record and heard the Debt Counsellor;
The Tribunal, being satisfied that the Applicant and the Respondents are parties to a debt re-arrangement facilitated by a Debt Counsellor under section 86(7)(b) read together with section 138(1) of the National Credit Act, Act 34 of 2005 ;(the Act).
The Tribunal hereby orders that;
The draft consent order formulated as the order of the Tribunal attached hereto and marked Annexure "A" is confirmed;
The parties are warned that failure to comply with the order of the Tribunal constitutes an offence in terms of section 160(1) of the Act.
Dated and signed at Centurion on this 2nd Day of February 2010
ADV F. MANAM ELA
PRESIDING MEMBER
IN
THE NATIONAL CONSUMER TRIBUNAL
HELD AT CENTURION
Case No:
In the matter between:
RONALD MANGALISA NETHANANI.................................1st APPLICANT/CONSUMER
Identity number: ….
And
BLUE FINANCIAL SEVICES (PTY)LTD.............1st RESPONDENT/CREDIT PROVIDER
KADET INVESTMENTS...................................2ND RESPONDENT/CREDIT PROVIDER
REAL PEOPLE FINANCE (PTY) LTD............3RD RESPONDENT/CREDIT PROVIDER
DRAFT CONSENT ORDER IN TERMS OF SECTION 86(8) READ TOGETHER WITH SECTION 138 OF THE NATIONAL CREDIT ACT 34 OF 2005
WHEREAS:
a. The
consumer applied for debt review in terms of the National Credit Act
43 of
>2005;
b. The debt counsellor found that the consumer is experiencing difficulty satisfying all obligations under the credit agreements in a timely manner;
c. The
debt counsellor recommended a restructuring of the payment
instalments to all the credit providers, as per the agreement
which
is attached hereto marked:
"Annexure B";
d. All
the respective credit providers and the consumer/applicant consented
to this agreement,
which consents are hereto attached marked
"Annexure C"
NOW THEREFORE:
The Tribunal, being satisfied that the Applicant and Respondent are parties to a debt rearrangement facilitated by a debt counsellor under section 86(7) of National Credit Act, hereby orders, by consent of the parties:
1. That the payment structures of the agreement between the Applicant and the Respondents as set out in Annexure "B", be made an order of the National Consumer Tribunal;
2. Which agreement restructures the payment instalment by extending the payment period as indicated in Annexure "C"
Creditor |
Reference |
Annual Interest |
New Monthly Instalment |
Balance |
Estimated Period in Months |
BLUE FINANCIAL SERVICES f PTY)LTD |
425601 |
15.50% |
R4Q5.48 |
Rl 096.56 |
38 |
KADET SNVESTMENTS |
7386/34625 |
15.50% |
R545.47 |
R6 210.30 |
17 |
REAL PEOPLE FINANCE (PTY) LTD |
3804394 |
35,40% |
R556.71 |
R10 075.35 |
26 |
DATED at Centurion this the day of 2009
PRESIDING OFFICER
Debt Counsellor on behalf of the Consumer TO:
THE REGISTRAR OF THE TRIBUNAL CENTURION
BLUE FINANCIAL SERVICES (PTY)LTD
107 HAYMEADOW STREET
BROADWALK OFFICE PARK BUILDING
10 LYNNWEED RIDGE
0040
KADET INVESTMENTS
BLOCK C WATERFRONT COURT
LITTLETON
CENTURION
0046
REAL PEOPLE FINANCE
ESPLANADE BUILDING
8 CLIFFORD STREET
QUIGNEY
5211