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[2010] ZANCT 40
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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:
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:
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