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Swarts and Another v African Bank Ltd and Others (NCT/ 447/2010/138 (1)(P)) [2010] ZANCT 40 (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/ 447/2010/138 (1)(P)

DATE:14/04/2010


In the matter between:


ANTON HERMANUS SWARTS.......................................................1st Applicant/Consumer
ID:

VERONIKA SWARTS......................................................................2nd Applicant/Consumer
ID:

and

AFRICAN BANK Ltd.............................................................1st Respondent/Credit Provider

DIRECT AXIS SA (PTY) LTD..............................................2nd Respondent/Credit Provider
(Direct Axis & Call Direct accounts)

ELAND FURNISHERS TRADING (PTY) LTD......................3rd Respondent/Credit Provider

EDCON (PTY) LTD..............................................................4th Respondent/ Credit Provider

MOTOR FINANCE CORPORATION (PTY) LTD t/a MFC...5th Respondent/ Credit Provider

CONSUMER FRIEND.........................................................6th Respondent/ Credit Provider
(RCS account & Woolworths account)

STANDARD BANK OF SA 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:

  1. The draft consent order formulated as the order of the Tribunal attached hereto and marked "Annexure A" is confirmed;

  2. 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:

Anton Hermanus Swarts...............................................................................1st Applicant/Consumer

Identity number:

and

Veronika Swarts...........................................................................................2nd Applicant/Consumer

Identity number:


AND


African Bank Limited.........................................................................1st Respondent/Credit Provider

DirectAxis (SA) (Pty) Ltd..................................................................2nd Respondent/Credit Provider
(DirectAxis & Call Direct)

Eland Furnishers Trading (Pty) Ltd...................................................3rd Respondent/Credit Provider

Edcon (Pty) Ltd.................................................................................4th Respondent/Credit Provider
(Edgars Account)

Motor Finance Corporation (Pty) Ltd.................................................5th Respondent/Credit Provider

Consumer Friend..............................................................................6th Respondent/Credit Provider
(RCS Account & Woolworths Account)

Standard Bank of SA Ltd..................................................................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 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 installments 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

African Bank Ltd

7603537001

15.50%

R253.77

R10 283.12

56 months


75002720724 -

15.50%

R142.34

R5 063.25

48 months


7604640001

15.50%

R253.77

R12 888.86

68 months

DirectAxis (SA) (Pty) Ltd

CDH99529S DGA83937T

0.00% 0.00%

R269.69 R242.56

R11 909.59 R13002.62

45 months 53 months

Eland Furnishers Trading (Pty) Ltd

005-10848-05 005-10848-06

23.00% 23.00%

R82.00 R334.61

R1 552.83 R13 470.08

27 months 65 months

Edcon (Pty) Ltd

7000100100016097 768

20.00%

R218.90

R7 260.62

50 months

Motor Finance Corporation (Pty) Ltd

SWARTS05105982

13.75%

R1 265.52

R57 325.20

58 months

Consumer Friend

RCS Acc 5006570020

15.60%

R268.14

R18 196.86

82 months


Woolworths Acc

6007850151436092

20.00%

R100.00

R3 561.80

55 months

Standard Bank of SA (Pty) Ltd

5221008261574649

042050758

10.00% 0.00%

R300.00 R636.02

R11 797.72 R50 967.99

48 months 67 months


363974253

7.00%

R3 498.49

R724 438.54

135 months


5221266262432783

0.00%

R500.00

R35 529.84

63 months


042050987

0.00%

R486.22

R32 559.11

61 months


042050642

5.00%

R131.39

R6 879.23

57 months


DATED at Centurion this the day of 2010





REGISTRAR OF THE NATIONAL CONSUMER TRIBUNAL

Applicant/Consumer

Debt Counsellor on behalf of the Consumer TO:

THE REGISTRAR OF THE TRIBUNAL CENTURION



1.African Bank Ltd

59 16th Road

Midrand

1685


2. DirectAxis (SA) (Pty) Ltd

DA Campus, De Waalweg 108

Dieprivier

7800


3. Consumer Friend
3 The Crescent, Westway Office Park

Westville

4000


4. Eland Furnishers Trading (Pty) Ltd

P O Box 223

Sasolburg

4000

1947


5. Standard Bank of SA Ltd

Standard Bank Centre, 16th Floor

45 Commissioner Street

Johannesburg

2000


6. Edcon (Pty) Ltd

Edgardale Press Avenue

Crown Mines

2025



7. Motor Finance Corporation (Pty) Ltd

c/o Schoeman & Grosner

Pentagon House

Hatfield

0028