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[2010] ZANCT 39
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Makume and Another v Absa Bank Ltd and Others (NCT/ 474/2010/138 (1)(P)) [2010] ZANCT 39 (14 April 2010)
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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 AT CENTURION
Case no: NCT/ 474/2010/138 (1)(P)
DATE: 14/04/2010
In the matter between:
LENONG
JULIUS
MAKUME............................................................1st
Applicant /Consumer
ID:
MAPOLO PAULINA MAKUME.......................................................2nd Applicant/ Consumer
ID:
and
ABSA BANK LTD.................................................................1st Respondent/ Credit Provider
ADDCON (PTY) LTD...........................................................2nd Respondent/Credit Provider
AFRICAN BANK LTD...........................................................3rd Respondent/Credit Provider
EDCON
(PTY)
LTD 4th...............................................................Respondent/
Credit Provider
(Jet Stores account)
JDG TRADING FINANCIAL SERVICES (PTY) LTD...........5th Respondent/ Credit Provider
LEWIS STORES (PTY) LTD...............................................6th Respondent/ Credit Provider
NEDBANK LTD...................................................................7th Respondent/ Credit Provider
CONSENT ORDER
The Tribunal having read the papers filed of record and heard the Debt Counsellor, Mr A Strydom;
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 14th day of April 2010
ADV NEO SEPHOTI
PRESIDING MEMBER
IN THE NATIONAL CONSUMER
TRIBUNAL
HELD AT CENTURION
CASE NO.
In the matter between:
Lenong Julias Makume.....................................................................1st Applicant/Consumer
Identity number:
And
Mapolo Paulina Makume.................................................................2nd Applicant/Consumer
Identity number:
AND
Absa Bank Limited................................................................1st Respondent/Credit Provider
Addcon
(Pty)
Ltd..................................................................2nd
Respondent/Credit Provider
(Real People Account)
African Bank Limited............................................................3rd Respondent/Credit Provider
Edcon
(Pty)
Ltd.....................................................................4th
Respondent/Credit Provider
(Jet Stores Accounts)
JDG Trading Financial Services (Pty) Ltd ...5th Respondent/Credit Provider (Joshua Doore Account)
Lewis Stores (Pty) Ltd..........................................................6th Respondent/Credit Provider
Nedbank Limited...................................................................7th 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 34 of2005;
b. The debt counsellor found that the consumer is experiencing difficulty satisfying all obligations under the credit agreement 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 the 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 installment by extending the payment period as indicated in Annexure "B"
Creditor |
Reference |
Annual Interest |
New Monthly Installment |
Balance |
Estimated Period in Months |
Absa Bank Ltd |
4038220093053000 |
11.00% |
R100.00 |
R2 242.75 |
30 months |
Addcon (Pty) Ltd |
Real People Acc 4325756 4202250 |
15.50% 15.50% |
R68.25 R55.25 |
R3 505.75 Rl 760.86 |
70 months 48 months |
African Bank Limited |
6107672001 6107672003 6107672002 |
15.50% 15.50% 15.50% |
R82.62 R82.07 R193.57 |
R5 241.95 R4 594.12 R10 650.25 |
75 months 72 months 71 months |
Edcon (Pty) Ltd |
Jet Store Acc 700660010OO51783043 |
20.00% |
R130.96 |
R4 835.88 |
57 months |
JDG Trading Financial Services(Pty)Ltd |
Joshua Doore Acc 00216-24586-14 00216-24586-06 |
20.00% 20.00% |
R87.ll R87.76 |
R7 654.00 R3 409.65 |
83 months 62 months |
Lewis Stores (Pty) Ltd |
0532-385012-03 0532-385012-02 |
32.00% 32.00% |
R65.65 R94.91 |
R2 594.05 R2 878.35 |
78 months 64 months |
Nedbank Limited |
8152745533401 |
11.00% |
R191.85 |
R8 822.63 |
58 months |
DATED at Centurion this the day of 2010
REGISTRAR OF THE NATIONAL CONSUMER TRIBUNAL Applied/Consumer
Debt Counsellor on behalf of the Consumer
Dated at on this day of 2010
1st Applicant/Consumer 2nd Applicant/Consumer
TO:
THE REGISTRAR OF THE TRIBUNAL CENTURION
1. Absa Bank Limited
3The Crescent, Westway Office Park
Westville
4000
2. Addcon (Pty) Ltd
P O Box 1592
East London
5201
3. African Bank Limited
59 16th Road
Midrand
1685
4. Edcon (Pty) Ltd
Edgardale Press Ave
Crown Mines
2025
5. JDG Trading Financial Services (Pty)Ltd
300 Kent Avenue
Randburg
2194
6. Lewis Stores (Pty) Ltd
Danew Place
51 Durban Road
Bellville,
7535
7. Nedbank Limited
100 Main Street
Johannesburg
2000