Risks and pecularities of the default situations in bank-consumer relationship: A case study
| Autor: | Tshegofatso Kgarabjang, Hlako Choma |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Economics and Econometrics
Strategy and Management 05 social sciences 050301 education Consumer Section 129 Notice Default Situation lcsh:Finance lcsh:HG1-9999 0502 economics and business Credit Provider Business Credit Agreement and National Credit Act 0503 education 050203 business & management Finance |
| Zdroj: | Risk Governance & Control: Financial Markets & Institutions, Vol 6, Iss 3-2, Special issue, Pp 47-52 (2016) |
| ISSN: | 2077-4303 2077-429X |
| DOI: | 10.22495/rcgv6i3c2art6 |
| Popis: | Kubyana and Standard Bank of South Africa, this matter was brought before the North Gauteng High Court sitting in Pretoria, South Africa. The issue to be determine by the Court was to look at the steps that the credit provider ought to take in order to ensure that a notice, notifying the debtor about his/her debt reaches him/her as a consumer before such notice could commence court litigation. This can only happen, in the circumstances where he/she (the defaulter/consumer) failed to comply with his/her obligation. The North Gauteng High Court was required to decide the legal requirements that may be brought in to satisfy the court on preponderance of evidence that the credit provider has satisfied the court that the defaulter or consumer received such notice. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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